Ham v. JP Morgan Chase Bank NA

CourtDistrict Court, W.D. Washington
DecidedMarch 29, 2024
Docket3:23-cv-05698
StatusUnknown

This text of Ham v. JP Morgan Chase Bank NA (Ham v. JP Morgan Chase Bank NA) is published on Counsel Stack Legal Research, covering District Court, W.D. Washington primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Ham v. JP Morgan Chase Bank NA, (W.D. Wash. 2024).

Opinion

1 The Honorable Barbara J. Rothstein

5 IN THE UNITED STATES DISTRICT COURT 6 FOR THE WESTERN DISTRICT OF WASHINGTON AT TACOMA 7

8 JONG HAM, an individual,

9 Plaintiff, Civil Action No. 3:23-cv-05698-BJR v. 10

ORDER GRANTING IN PART AND 11 JPMORGAN CHASE BANK, N.A., a Delaware DENYING IN PART DEFENDANT’S corporation, MOTION TO DISMISS 12 Defendant. 13

15 I. INTRODUCTION 16 Plaintiff Jong Ham (“Plaintiff”) brings this lawsuit against Defendant JPMorgan Chase 17 Bank, N.A. (“Chase Bank” or “the Bank”) for alleged violations of the Electronic Funds Transfer 18 19 Act (“EFTA”), the National Automated Clearing House Association (“NACHA”) Operating 20 Rules, and the Washington Consumer Protection Act (“WCPA”), as well as for breach of contract 21 and negligence. Dkt. No. 1 (“Comp.”). Currently before the Court is Chase Bank’s motion to 22 dismiss the complaint pursuant to Federal Rule of Civil Procedure 12(b)(6), which Plaintiff 23 opposes. Dkt. Nos. 17 and 24. Having reviewed the motion, opposition, and reply thereto, as well 24 as the record of the case and the relevant legal authority, the Court will grant in part and deny in 25 part the motion. Specifically, the Court grants the motion as to the EFTA claim as well as the 26 27 claim based on the NACHA Rules but denies the motion as to Plaintiff’s breach of contract, 1 breach of implied duty of good faith and fair dealing, negligence, and WCPA claims. The 2 reasoning for the Court’s decision follows. 3 II. FACTUAL BACKGROUND 4 A. The Relationship between Plaintiff and Chase Bank 5 Plaintiff maintains several accounts at Chase Bank, including personal and business 6 7 savings, checking, and investment accounts. Comp. at ¶ 11. He is a “Chase Private Client”, which 8 is a status conferred on Chase Bank customers who meet certain eligibility requirements, 9 including maintaining an average daily balance of at least $150,000. Id. Plaintiff alleges that as a 10 Chase Private Client, he “receives personalized attention from a ‘team of professionals’ dedicated 11 to helping manage [his] ‘financial and everyday banking needs’”. Id. at ¶ 12. He further alleges 12 that he does not utilize online or mobile banking but rather, makes personal visits to the Bank to 13 work directly with “his Private Client Banker” to complete tasks “such as deposits, withdrawals, 14 15 [] bill payments, and transfers.” ¶ 16. 16 Chase Bank sent monthly paper statements for each account through the mail to Plaintiff 17 on or around the first day of each month. ¶ 17. Plaintiff alleges that his personal checking and 18 savings accounts had “very few transactions in a given billing statement” so he was not in the 19 habit of opening the statements for those accounts but rather he “relied on Chase Bank’s fraud 20 detection services and his Private Client team of professionals to monitor and safeguard his 21 deposits.” ¶¶ 20-22. 22 23 B. The Fraud 24 On April 11, 2022, Plaintiff went to the Bank to withdraw money from his personal 25 checking account and was surprised when the withdrawal receipt showed a balance that was 26 “abnormally low.” Id. at ¶ 24. He asked Sonya Simmons, the branch manager, to provided him 27 1 with the prior three months’ statements for the account. ¶¶ 24, 26. Plaintiff took the statements 2 home and reviewed them later that day where he noticed “many fraudulent transactions reflected” 3 on the statements. ¶ 27. He alleges that he called Chase Bank’s customer service line and was 4 advised to call back during business hours. ¶ 28. He called again the next morning on April 12, 5 2022, and was advised to visit his bank branch when it opened for business. ¶ 29. Plaintiff alleges 6 7 that as he was driving to the bank branch, he received a telephone call from his Chase “Personal 8 Banker”, Derik Moon, who advised Plaintiff that he wanted to discuss “some issues with 9 [Plaintiff’s] accounts.” ¶ 31. 10 When Plaintiff arrived at the Bank, Mr. Moon informed Plaintiff that “very large sums of 11 money” had been withdrawn from his checking account. ¶ 32. Plaintiff alleges that he and Mr. 12 Moon reviewed the transaction history for the account and Plaintiff informed Mr. Moon that he 13 had not made nor authorized nearly all of the transactions they reviewed. ¶ 34. Ultimately, 14 15 Plaintiff identified “hundreds of fraudulent ACH withdrawals … that occurred between April 24, 16 2020 through April 12, 2022, totaling approximately $211,793 in stolen funds.” ¶ 39 (emphasis in 17 original removed). Chase Bank placed a restriction on the checking account and transferred the 18 remaining balance to a newly opened account. ¶ 36. 19 On April 15, 2022, Plaintiff and his brother returned to Chase Bank to meet with Mr. 20 Moon and Ms. Simmons “to discuss how to recover the stolen funds” and Plaintiff claims that Mr. 21 Moon reassured him that at least fifty percent of the funds could be recovered. ¶¶ 43, 45. Plaintiff 22 23 further alleges that Mr. Moon represented that only his checking account had been compromised 24 but when Plaintiff’s brother insisted that Mr. Moon check Plaintiff’s remaining accounts, they 25 discovered that his savings account had “significant fraudulent activity as well.” ¶¶ 47-49. Indeed, 26 Plaintiff identified over 100 fraudulent ACH withdrawals from his savings account totally 27 1 approximately $152,408 that occurred between September 29, 2020 and April 12, 2022. ¶ 50. Mr. 2 Moon placed a restriction on the savings account and transferred the remaining balance to a newly 3 opened saving account. ¶ 52. 4 Plaintiff claims that in total, approximately $364,200 was fraudulently withdrawn from his 5 personal checking and savings accounts. ¶ 51. Plaintiff further claims that Ms. Simmons reassured 6 7 him that the Bank would be able to recover a significant portion of the fraudulent withdrawals. 8 ¶ 54. He alleges that Ms. Simmons recommend that Plaintiff speak to the Chase Bank 9 investigative team and offered to schedule a conference call for the following week after the team 10 had time to investigate the claims. ¶ 55. 11 On April 21, 2022, Plaintiff, his brother, and Ms. Simmons had a conference call with the 12 investigative team. Plaintiff alleges that it is during this call that Chase Bank informed him “for 13 the very first time” that “none of the fraudulently withdrawn funds would be recovered and that 14 15 the Bank would not take responsibility for recovering or reimbursing any of the funds.” ¶ 59. 16 Plaintiff claims that Ms. Simmons expressed “shock” at the Bank’s response and “represented to 17 him that he is “a very important customer” and that a “Chase Bank executive would call him to 18 explore his options.” ¶¶ 60-61. Plaintiff alleges that he “never received that call.” ¶ 62. 19 C. Chase Bank’s Investigation into the Fraud 20 According to Plaintiff, Chase Bank ultimately refused to reimburse him for all but two of 21 the fraudulent transactions (the two transactions that the Bank did credit to his account totaled 22 23 $124.43). Id. at ¶ 70. Between April 12 and May 5, 2022, the Bank sent Plaintiff numerous letters 24 rejecting each of his requests for reimbursement for the fraudulent transactions (except for the 25 two transactions noted above) and providing cursory explanations for the denials. Dkt. No. 18, 26 Exs. A-G. 27 1 Plaintiff requested that Chase Bank reconsider its denial decisions and further requested 2 that the Bank provide him with a copy of the information it used to investigate his claims. Comp. 3 at ¶ 73. Plaintiff supplemented his reconsideration request with a letter from an attorney he hired 4 to assist him with this matter. The attorney’s letter explained that Plaintiff is entitled to recover at 5 least $150,590.62 under the NACHA Operating Rules and Regulation E, which implements the 6 7 EFTA. Id.

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Ham v. JP Morgan Chase Bank NA, Counsel Stack Legal Research, https://law.counselstack.com/opinion/ham-v-jp-morgan-chase-bank-na-wawd-2024.