Jose Martinez v. Bank of America, N.A.

CourtDistrict Court, E.D. Missouri
DecidedFebruary 25, 2026
Docket4:25-cv-00852
StatusUnknown

This text of Jose Martinez v. Bank of America, N.A. (Jose Martinez v. Bank of America, N.A.) is published on Counsel Stack Legal Research, covering District Court, E.D. Missouri primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Jose Martinez v. Bank of America, N.A., (E.D. Mo. 2026).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF MISSOURI

) JOSE MARTINEZ, )

) Plaintiff, )

) v. )

) No. 4:25-cv-00852-JMD BANK OF AMERICA, N.A. ) Defendant. ) )

) )

MEMORANDUM AND ORDER Jose Martinez sues Titan Equipment and Bank of America following a fraudulent transaction where he was scammed out of $47,900 by a third party. Because Martinez fails to state a valid claim under Missouri law, the Court grants Bank of America’s motion to dismiss, ECF 8. Legal Standard To survive a motion to dismiss under Rule 12(b)(6), a complaint “must contain sufficient factual matter, accepted as true, to ‘state a claim to relief that is plausible on its face.’” Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009) (quoting Bell Atl. Corp. v. Twombly, 550 U.S. 544, 570 (2007)). A claim is facially plausible “where the plaintiff pleads factual content that allows the court to draw the reasonable inference that the defendant is liable for the misconduct alleged.” Blomker v. Jewell, 831 F.3d 1051, 1055 (8th Cir. 2016) (citation omitted). “The plausibility standard is not akin to a probability requirement, but it asks for more than a sheer possibility that a defendant has acted unlawfully.” Iqbal, 556 U.S. at 678 (citation omitted). When reviewing a motion under Rule 12(b)(6), the Court accepts all factual allegations in the complaint as true and draws all reasonable inferences in the nonmovant’s favor. Healy v. Fox, 46 F.4th 739, 743 (8th Cir. 2022). But the Court is not bound by legal conclusions couched as factual allegations. Iqbal, 556 U.S. at 678. Background Martinez appears to be scam victim. While trying to purchase a bulldozer, he sent $47,900 to a Florida company called Titan Equipment, LLC. Before paying, Martinez asked a teller at Bank of America to verify that the account on the invoice belonged to Titan, which the teller did. Id. But Martinez later realized that the address given to him was the corporate

address of a large commercial paving company. He never received the bulldozer, and he “believes” the account must have been owned by somebody else. ECF 1-1 at 21. Martinez now sues Titan and Bank of America. He failed to serve Titan, so the Court dismissed that defendant. ECF 30. Against the bank, he asserts a “negligence by fiduciary” theory. ECF 11 at 20. He says that as custodian of his savings account, the bank had a fiduciary relationship with him and therefore had a duty to give him the correct information when he requested verification of the invoice. Id. at 21. Bank of America moves to dismiss Count II, the only count directed at them, and the only remaining count after the Court dismissed Titan. Analysis A district court sitting in diversity applies the law of the State in which it sits. Erie R.R. Co. v. Tompkins, 304 U.S. 64, 78 (1938). But Martinez’s theory of “negligence by fiduciary” is not a claim under Missouri law. Martinez cites no statute or case law establishing this cause of action, and the phrase does not appear to exist in any Missouri case law or statute. That is enough to dismiss the claim. Martinez is represented by a lawyer in good standing in Missouri. He is not entitled to the leniency afforded to pro se litigants. He must identify valid claims supported by legal authority. Federal courts and defendants “are

not required . . . to locate applicable statutes . . . that a plaintiff may or may not be invoking.” Lane v. City of Lee's Summit, No. 4:21-00437-CV-JAM, 2021 WL 5311330, at *2 (W.D. Mo. Nov. 15, 2021). Plaintiffs must “clearly identify a federal statute or other appropriate legal authority that supports the legal claim or claims giving rise to” their suit. Id. Martinez fails to cite any legal authority for the existence of a “negligence by fiduciary” claim against banks under Missouri law. Even if the Court liberally construed Martinez’s response brief to instead assert two other causes of action, both possible theories would still fail.

First, Martinez’s claim could be construed to assert a breach of fiduciary duty. ECF 1-1 at 21 (arguing that the bank “had a fiduciary relationship with Plaintiff”). But the relationship he alleges with the bank is insufficient, by itself, to form a fiduciary relationship. Martinez asserts that he asked a teller to verify the name of an account and then process a transaction. But under Missouri law, “[w]hen a bank transacts business with a depositor or other customer, it has no special duty to counsel the customer and inform him of every material fact relating to the transaction . . . .” Pigg v. Robertson, 549 S.W.2d 597, 600 (Mo. Ct. App. 1977) (citation omitted); see also Aguilar v. PNC Bank, N.A., No. 14-CV-985-LRR, 2014 WL 12700618, at *6 (E.D. Mo. Nov. 19, 2014) (finding no fiduciary relationship between a bank and its customers despite an allegation that the bank had more information about a fraudster’s accounts and despite its position as the individual retirement account custodian). The relationship between a general depositor and their bank is one of creditor-debtor, not fiduciary. Leuzinger v. Merrill Lynch, Pierce, Fenner & Smith, Inc., 396 S.W.2d 570, 578 (Mo. 1965). Missouri courts have recognized a narrow exception where “special circumstances” create a fiduciary relationship that would not otherwise exist. Pigg, 549 S.W.2d at 600. For example, there is “little doubt” that when a customer seeks a loan from a bank to purchase a

property that is on sale for a bargain price, the bank cannot misdirect the customer and then misappropriate the customer’s information to rush to the lot to buy the property first. Id. Martinez alleges nothing like that here. He does not allege that the bank “use[d] [his] information to its advantage.” Hall v. NationsBank, 26 S.W.3d 295, 297–98 (Mo. App. E.D. 2000); see also Aguilar, 2014 WL 12700618, at *5 (“[N]othing indicate[d] that the bank violated a confidential relationship for its own advantage . . . .” (citation omitted)); UT Commc’n Credit Corp. v. Resort Dev., Inc., 861 S.W.2d 699, 710 (Mo. App. E. D. 1993) (“[T]here is no evidence or claim that [defendant] used any of the [plaintiffs’] confidential

information for its own advantage. Therefore, the general rule applies.”). He alleges nothing more than a standard transaction that banks undertake every day.1 There are no “special circumstances” extreme enough to justify a departure from the default rule. Finally, in a single sentence, Martinez suggests that he is bringing a standard negligence claim. ECF 10 at 2. But Martinez entirely fails to develop this argument, so it is waived. United States v. Frausto, 636 F.3d 992, 997 (8th Cir. 2011). The bank also anticipated this negligence theory and argued against it. Martinez never responded to these arguments, stating only that he “has plead facts giving rise to a claim and cause of action in negligence.” ECF 10 at 2. “It is well established that a party concedes an issue by failing to address it in an opposing brief.” Wallace v. R.J. Reynolds Tobacco Co., No. 09-01011-CV-W- REL, 2011 WL 13290720, at *6 (W.D. Mo. Sept.

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Related

Erie Railroad v. Tompkins
304 U.S. 64 (Supreme Court, 1938)
Bell Atlantic Corp. v. Twombly
550 U.S. 544 (Supreme Court, 2007)
Ashcroft v. Iqbal
556 U.S. 662 (Supreme Court, 2009)
United States v. Frausto
636 F.3d 992 (Eighth Circuit, 2011)
Pigg v. Robertson
549 S.W.2d 597 (Missouri Court of Appeals, 1977)
Leuzinger v. Merrill Lynch, Pierce, Fenner & Smith, Inc.
396 S.W.2d 570 (Supreme Court of Missouri, 1965)
UT Communications Credit Corp. v. Resort Development, Inc.
861 S.W.2d 699 (Missouri Court of Appeals, 1993)
Denise Blomker v. Sally Jewell
831 F.3d 1051 (Eighth Circuit, 2016)
Hall v. NationsBank
26 S.W.3d 295 (Missouri Court of Appeals, 2000)
Bret Healy v. Albert Fox
46 F.4th 739 (Eighth Circuit, 2022)

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Bluebook (online)
Jose Martinez v. Bank of America, N.A., Counsel Stack Legal Research, https://law.counselstack.com/opinion/jose-martinez-v-bank-of-america-na-moed-2026.