First American Title Insurance Co. v. Ram Abstract, Ltd., Eivazov, LLC, Vaysbaum & Kazakevich, P.C., Alex Vaysbaum, Esq., John Doe #1 through John Doe #10

CourtDistrict Court, E.D. New York
DecidedJanuary 28, 2026
Docket1:23-cv-06462
StatusUnknown

This text of First American Title Insurance Co. v. Ram Abstract, Ltd., Eivazov, LLC, Vaysbaum & Kazakevich, P.C., Alex Vaysbaum, Esq., John Doe #1 through John Doe #10 (First American Title Insurance Co. v. Ram Abstract, Ltd., Eivazov, LLC, Vaysbaum & Kazakevich, P.C., Alex Vaysbaum, Esq., John Doe #1 through John Doe #10) is published on Counsel Stack Legal Research, covering District Court, E.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
First American Title Insurance Co. v. Ram Abstract, Ltd., Eivazov, LLC, Vaysbaum & Kazakevich, P.C., Alex Vaysbaum, Esq., John Doe #1 through John Doe #10, (E.D.N.Y. 2026).

Opinion

UNITED STATES DISTRICT COURT EASTERN DISTRICT OF NEW YORK

FIRST AMERICAN TITLE INSURANCE CO.,

Plaintiff, v. MEMORANDUM & ORDER RAM ABSTRACT, LTD., EIVAZOV, LLC, 23-CV-6462 (NRM)(RML) VAYSBAUM & KAZAKEVICH, P.C., ALEX VAYSBAUM, ESQ., JOHN DOE #1 through JOHN DOE #10, the last ten names being fictitious and unknown to plaintiff,

Defendants.

NINA R. MORRISON, United States District Judge: This case arises from a dispute regarding fraudulent mortgage payoff statements in a real estate transaction. Plaintiff First American Title Insurance Co. (“First American”) hired Defendant Ram Abstract, Ltd. (“Ram”) as a limited agent to issue title insurance policies on its behalf. Ram then served as the title closer for Omar Lozada Xochimitl and Christian Ezequiel Lozada Xochimitl (the “Purchasers”), who sought to buy a residential property from Defendant Eivazov, LLC (“Seller”). At all relevant times, Seller was represented by Defendants Vaysbaum & Kazakevich, P.C. and Alex Vaysbaum, Esq. (the “Vaysbaum parties”). During closing, Ram attempted to clear title for the Purchasers by paying off two mortgages encumbering the property. However, Seller and the Vaysbaum parties received a fraudulent payoff statement by email from an unknown third party, who was not the true mortgage holder. That payoff statement was forwarded to Ram, who then incorrectly made the mortgage payments to the fraudsters. After discovering the fraud, Plaintiff properly cleared title and brought this diversity action against Ram, Seller, and the Vaysbaum parties to indemnify its losses. Compl., ECF No. 1.

On May 17, 2024, the Vaysbaum parties moved to dismiss all claims against them. Mot. to Dismiss, ECF No. 34. On January 29, 2025, this Court respectfully referred the motion to Magistrate Judge Robert M. Levy for a Report and Recommendation (“R&R”). Order Referring Mot. to Dismiss dated January 29, 2025. On September 16, 2025, Judge Levy issued an R&R recommending that the Court grant the motion to dismiss. R. & R., ECF No. 55. Defendant Ram timely filed

objections. Obj. to R. & R. (“Obj.”), ECF No. 57. Plaintiff did not object. For the reasons that follow, the Court adopts Judge Levy’s thorough and well- reasoned R&R in its entirety. DISCUSSION A district court “may accept, reject, or modify, in whole or in part, the findings or recommendations made by the magistrate judge.” 28 U.S.C. § 636(b)(1)(C). “When a party submits timely and specific objections to a report and recommendation, the

district court reviews de novo the parts of the report and recommendation to which the party objected.” Mancuso v. Kijakazi, No. 22-CV-5633 (KMK), 2023 WL 6311289, at *1 (S.D.N.Y. Sep. 28, 2023). Until recently, courts in this circuit have generally adhered to the rule that “objections which merely recite the same arguments to the magistrate judge[] are reviewed for clear error.” New York City Dist. Council of Carpenters v. Allied Design & Constr., LLC, 335 F. Supp. 3d 349, 351 (E.D.N.Y. 2018) (quoting O’Diah v. Mawhir, No. 08-CV-322 (TJM), 2011 WL 933846, at *1 (S.D.N.Y. Mar. 16, 2011)); see, e.g., Burrell v. Maciol, No. 19-CV-1629 (TJM), 2022 WL 856878, at *1 (N.D.N.Y. Mar. 23, 2022). However, the Second Circuit recently clarified that

“that principle should be applied only ‘when the objections are nonspecific or merely perfunctory responses argued in an attempt to engage the district court in a rehashing of the same arguments set forth in the original petition.’” Nambiar v. Cent. Orthopedic Grp., LLP, 158 F.4th 349, 361 (2d Cir. 2025) (emphasis in original) (quoting Miller v. Brightstar Asia, Ltd., 43 F.4th 112, 120 (2d Cir. 2022)); see also id. at 360–61 (noting the “indispensable” role that Magistrate Judges play in the federal

judicial system, while underscoring the need to preserve litigants’ constitutional right of access to an Article III judge). Thus, “[w]here a litigant’s objections take ‘issue with a specific legal conclusion in the report and recommendation,’ they should be considered de novo, even if they repeat an argument raised before the magistrate judge.” Id. at 361 (quoting Miller, 43 F.4th at 121). In its objections, Ram raises two challenges to the R&R. First, Ram reiterates the claim from its opposition to the Motion to Dismiss that the Vaysbaum parties had

a near-privity relationship with Plaintiff. See Obj. at 3–5;1 Mem. in Opp’n to Mot. to Dismiss (“Opp’n”) at 11–16, ECF No. 36. Ram then argues that it is premature to dismiss the Vaysbaum parties as the potential assumption of a duty is a matter to be determined at discovery. The Court finds neither claim persuasive.

1 Unless otherwise indicated, all page references use the pagination generated by the Electronic Case Filing System. I. No Privity Between Plaintiff and the Vaysbaum Parties Ram argues that the Vaysbaum parties assumed a duty of care to Plaintiff because the Vaysbaum parties “transferred the Fraudulent payoff letters to the

Buyer and knew that the Buyer relied on such payment.” Obj. at 4. This is the same argument that Ram made in its opposition to the Motion to Dismiss. See Opp’n at 8– 10 (arguing that by “circulating the Fraudulent Payoff, the Vaysbaum Parties unquestionably knew that the other parties in the transaction relied upon the attorney representations”). However, because Ram identifies and takes issue with the R&R’s specific finding that there is no privity between Plaintiff and the

Vaysbaum parties, the Court reviews the claim de novo. Ram’s argument is unpersuasive. Ram relies on a number of cases in which courts found an assumed duty between an attorney and a non-client, but none of these cases present facts similar to those here. For example, in Crossland Sav. FSB v. Rockwood Ins. Co., 700 F. Supp. 1274 (S.D.N.Y. 1988), the court ruled that a law firm may have assumed a duty to a third party where the firm executed an opinion letter for the benefit of the third party at the client’s direction and request, and the letter

“specifically state[d] that it may be relied upon by [the third party].” Id. at 1283. And in Schwartz v. Greenfield, Stein and Weisinger, 396 N.Y.S.2d 582 (Sup. Ct. 1977), the court found that an attorney violated an assumed duty to a third party where the attorney failed to file a copy of the security agreement as required by UCC § 9-401(1) after “draw[ing] the required documents[ and] agree[ing] to file and thereby perfect the security agreement.” Id. at 582. See also Curtis v. Berutti, 176 N.Y.S.3d 423, 431 (Sup. Ct. 2022) (finding a “near privity” relationship where it was “patently obvious” that the law firm was retained for the third party’s benefit as replacement counsel, and where “it [wa]s indisputable that [the law firm] Defendants were aware that their

services would be used” in such fashion). Here, by contrast, Plaintiff has not pled facts showing any similar affirmative action taken by the Vaysbaum parties to create a near-privity relationship with Plaintiff. In its objections, Ram points only to the fact that the Vaysbaum parties forwarded the email containing the fraudulent payoff statement to the Buyer. But as the R&R notes, not only would such an action “fall short of what is required to

show an assumption of duty,” Plaintiff’s complaint does not even allege that it was the Vaysbaum parties — rather than the Seller — who forwarded the email. R. & R. at 11–12; see Compl. ¶¶ 38, 46, ECF No.

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Related

Crossland Savings FSB v. Rockwood Insurance
700 F. Supp. 1274 (S.D. New York, 1988)
Schwartz v. Greenfield, Stein & Weisinger
90 Misc. 2d 882 (New York Supreme Court, 1977)
Miller v. Brightstar Asia, Ltd.
43 F.4th 112 (Second Circuit, 2022)

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First American Title Insurance Co. v. Ram Abstract, Ltd., Eivazov, LLC, Vaysbaum & Kazakevich, P.C., Alex Vaysbaum, Esq., John Doe #1 through John Doe #10, Counsel Stack Legal Research, https://law.counselstack.com/opinion/first-american-title-insurance-co-v-ram-abstract-ltd-eivazov-llc-nyed-2026.