Mark Verstuyft, Robin Verstuyft, Gordon Kuenemann, Wendy Kuenemann, Earl Beyer, Kenneth Beyer v. Wells Fargo Bank N.A., Wells Fargo National Bank West

CourtDistrict Court, W.D. Texas
DecidedMay 18, 2026
Docket5:24-cv-00229
StatusUnknown

This text of Mark Verstuyft, Robin Verstuyft, Gordon Kuenemann, Wendy Kuenemann, Earl Beyer, Kenneth Beyer v. Wells Fargo Bank N.A., Wells Fargo National Bank West (Mark Verstuyft, Robin Verstuyft, Gordon Kuenemann, Wendy Kuenemann, Earl Beyer, Kenneth Beyer v. Wells Fargo Bank N.A., Wells Fargo National Bank West) is published on Counsel Stack Legal Research, covering District Court, W.D. Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Mark Verstuyft, Robin Verstuyft, Gordon Kuenemann, Wendy Kuenemann, Earl Beyer, Kenneth Beyer v. Wells Fargo Bank N.A., Wells Fargo National Bank West, (W.D. Tex. 2026).

Opinion

UNITED STATES DISTRICT COURT WESTERN DISTRICT OF TEXAS SAN ANTONIO DIVISION

MARK VERSTUYFT, ROBIN VERSTUYFT, GORDON KUENE- MANN, WENDY KUENEMANN, EARL BEYER, KENNETH BEYER, Case No. 5:24-CV-00229-JKP Plaintiffs,

v.

WELLS FARGO BANK N.A., WELLS FARGO NATIONAL BANK WEST,

Defendants.

MEMORANDUM OPINION AND ORDER Before the Court is Defendants Wells Fargo Bank N.A. and Wells Fargo National Bank West’s (“Defendants”) Motion to Dismiss, (ECF No. 116). Plaintiffs Mark Verstuyft, Robin Verstuyft, Gordon Kuenemann, Wendy Kuenemann, Earl Beyer, and Kenneth Beyer (“Plain- tiffs”) filed a Response, (ECF No. 118), to which Defendants filed a Reply, (ECF No. 120). Also before the Court is Plaintiffs’ Motion to Strike, (ECF No. 117), which is fully briefed, (see ECF No. 119), and therefore ripe for ruling. Upon consideration, Plaintiffs’ Motion to Strike Defend- ants’ Motion to Dismiss, (ECF No. 117), will be DENIED. Defendants’ Motion to Dismiss, (ECF No. 116), will be GRANTED-IN-PART AND DENIED-IN-PART. BACKGROUND This case arises out of the misuse of an Interest on Lawyers’ Trust Account (“IOLTA”) by attorney Christopher John Pettit (“Pettit”). See, generally, ECF No. 110. As a result of the misuse, Pettit stole millions of dollars from former clients, including Plaintiffs. Id. I. The Adversary Proceeding in the Bankruptcy Court This case originated on May 2, 2023, when Plaintiffs Mark Verstuyft, Robin Verstuyft, and the Beyer Living Trust—along with Eric B. Terry (Chapter 11 Trustee)—filed their Original Complaint against Defendants Wells Fargo Bank N.A—along with Pettit—in Adversary Case No. 23-05039 in the Western District of Texas’ Bankruptcy Court. See Adversary Case No. 23-

05039 at ECF No. 1 (Original Complaint). These underlying plaintiffs later added Defendant Wells Fargo National Bank West. Id. at ECF No. 66 (Second Amended Complaint). Thereafter, Defendants Wells Fargo Bank N.A. and Wells Fargo National Bank West filed a Motion to Dis- miss the Second Amended Complaint. Id. at ECF No. 87. On February 7, 2024, United States Bankruptcy Judge Craig A. Gargotta granted-in-part and denied-in-part Wells Fargo Bank N.A. and Wells Fargo National Bank West’s (“Wells Fargo West”) Motion to Dismiss the Second Amended Complaint. Id. at ECF No. 121 (Order). Rele- vant here, per the ruling, Plaintiffs Robin Verstuyft, Mark Verstuyft, and the Beyer Living Trust were found to have stated claims against Defendant Wells Fargo Bank N.A. for (1) Joint Tortfea-

sor Liability for Knowing Participation in the Breach of the Fiduciary Duty of Pettit to the Cli- ents of CP&A against Wells Fargo Bank N.A.; (2) Joint Tortfeasor Liability for Knowing Partic- ipation in the Perpetration of Fraud against Wells Fargo Bank N.A.; (3) Negligence against Wells Fargo Bank N.A.; and (4) Violation of the Texas Theft Liability Act against Wells Fargo Bank N.A. and Wells Fargo West. Id. at ECF No. 118 (Hearing Transcript); Id. at ECF No. 121 (Order). Judge Gargotta stated his reasons for the ruling on the record during a teleconference on January 24, 2024. Id. at ECF No. 118 (Hearing Transcript). On February 27, 2024, the parties agreed to the entry of a Stipulation, wherein Plaintiffs Robin Verstuyft, Mark Verstuyft, and the Beyer Living Trust’s claims were dismissed without prejudice for the purpose of Plaintiffs Robin Verstuyft, Mark Verstuyft, and the Beyer Living Trust refiling their claims and causes of action in the United States District Court for the Western District of Texas, San Antonio Division, “in substantially similar form as asserted in [the] Ad- versary Proceeding.” Id. at ECF No. 127 (Stipulation). The parties specifically agreed: Plaintiffs and Defendants stipulate and agree that [the Bankruptcy] Court’s 12(b) Ruling will apply to the District Court Complaint as if that 12(b) Ruling had been made by the District Court. Accordingly, Defendants waive any right to move to dismiss the District Court Complaint under Rule 12(b) and will instead answer the District Court Complaint. Whether and the extent to which Defendants have any post-answer ability in District Court to challenge the substance of the 12(b) Rul- ing will be determined according to the Federal Rules of Civil Procedure, with each side preserving whatever rights it would have had on this point had Plain- tiffs’ Surviving Claims remained in this Court.

Id. at ECF No. 127 (Stipulation). II. The Instant Case in the District Court Subsequently, on March 4, 2024, Plaintiffs Mark Verstuyft, Robin Verstuft, the Beyer Living Trust—and newly added Plaintiffs Gordon Kuenemann and Wendy Kuenemann—filed their Original Complaint in this Court. ECF No. 1. Thereafter, these Plaintiffs amended their Complaint. ECF No. 110. Aside from the addition of the Kuenemann Plaintiffs, the Amended Complaint in this matter largely mirrors the general allegations found in the Adversary Proceed- ing’s Second Amended Complaint. Compare ECF No. 110 and Adversary Case No. 23-05039 at ECF No. 66 (Second Amended Complaint). The Court, briefly, reproduces the general allega- tions here. As alleged, Pettit formed Chris Pettit & Associates P.C. (“CP&A”), a law firm, in 1996. ECF No. 110 at 3. In 2017, Wells Fargo Bank N.A.1 allowed Pettit to open a New Mexico IOL- TA (Interest on Lawyers’ Trust Account) (“NM IOLTA”), despite Pettit not being licensed to

1 In the Amended Complaint, Plaintiffs refer to Defendant Wells Fargo Bank N.A. as “Wells Fargo.” See ECF No. 110 at 2. Accordingly, the Court interprets any references to “Wells Fargo” as attributable to Defendant Wells Fargo Bank N.A. and not Defendant Wells Fargo National Bank West. practice law in the State of New Mexico. Id. at 5–7. Through use of the NM IOLTA, Pettit stole “nearly $34,000,000 over a mere thirteen (13) months, including approximately $3,000,000 of the Verstuyft’s money, $1,200,000 of the Beyer Trust Money, and $1,000,000 of the Kuene- mann[‘s] money.”2 Id. at 4. Per Plaintiffs, “[t]he losses sustained . . . were made possible because of the abject disregard by Wells Fargo of its own internal policies, existing federal law[,] and

New Mexico law regulating lawyer trust accounts.” Id. at 4. “In this lawsuit the Plaintiffs seek to hold Wells Fargo jointly liable with Pettit for the damages suffered by them because of Wells Fargo’s enabling Pettit to steal millions of dollars from them.” Id. at 3. Plaintiffs assert the following causes of action: (1) Joint Tortfeasor Liability for Knowing Participation in the Breach of the Fiduciary Duty of Pettit to the Clients of CP&A against Wells Fargo N.A.; (2) Joint Tortfeasor Liability for Knowing Participation in the Perpetration of Fraud against Wells Fargo N.A.; (3) Negligence and Gross Negligence against Wells Fargo N.A.; and (4) violation of the Texas Theft Liability Act against Wells Fargo N.A. and Wells Fargo West. ECF No. 110 at 54–70. Plaintiffs additionally seek declaratory relief, requesting the Court de-

clare “the NM IOLTA Account is a ‘trust’ account governed by the IOLTA Rules established and promulgated of the New Mexico Bar.” Id. at 58–71. Now before the Court is Defendants’ Motion to Dismiss, (ECF No. 116). Plaintiffs Mark Verstuyft, Robin Verstuyft, Gordon Kuenemann, Wendy Kuenemann, Earl Beyer, and Kenneth Beyer filed a Response, (ECF No. 118), to which Defendants filed a Reply, (ECF No. 120).

2 As detailed in the Amended Complaint, the Verstuyfts have been awarded a judgment against Pettit “for actual damages in the amount of $2,702,899.55, consequential damages in the amount of $735,542.20, statutory damages in the amount of $187,000 for violation of the [Texas Theft Liability Act], and $34,384,417.70 in punitive damages. ECF No. 110 at 2; See Adversary Case No. 23-05039 at ECF No.

Free access — add to your briefcase to read the full text and ask questions with AI

Related

Collins v. Morgan Stanley Dean Witter
224 F.3d 496 (Fifth Circuit, 2000)
Scanlan v. Texas A&M University
343 F.3d 533 (Fifth Circuit, 2003)
Lozano v. Ocwen Federal Bank, FSB
489 F.3d 636 (Fifth Circuit, 2007)
Meadows v. Hartford Life Insurance
492 F.3d 634 (Fifth Circuit, 2007)
SMI Owen Steel Co., Inc. v. Marsh USA, Inc.
520 F.3d 432 (Fifth Circuit, 2008)
Dorsey v. Portfolio Equities, Inc.
540 F.3d 333 (Fifth Circuit, 2008)
Foman v. Davis
371 U.S. 178 (Supreme Court, 1962)
Bell Atlantic Corp. v. Twombly
550 U.S. 544 (Supreme Court, 2007)
Ashcroft v. Iqbal
556 U.S. 662 (Supreme Court, 2009)
Katherine Deloach v. Ralph E. Woodley
405 F.2d 496 (Fifth Circuit, 1969)
James Clark v. Amoco Production Co., Etc.
794 F.2d 967 (Fifth Circuit, 1986)
Red Rock v. Jafco Ltd.
79 F.3d 1146 (Fifth Circuit, 1996)
Keen v. Miller Environmental Group, Inc.
702 F.3d 239 (Fifth Circuit, 2012)
FFE Transportation Services, Inc. v. Fulgham
154 S.W.3d 84 (Texas Supreme Court, 2004)
Nabors Drilling, U.S.A., Inc. v. Escoto
288 S.W.3d 401 (Texas Supreme Court, 2009)
Texas Home Management, Inc. v. Peavy
89 S.W.3d 30 (Texas Supreme Court, 2002)
Centeq Realty, Inc. v. Siegler
899 S.W.2d 195 (Texas Supreme Court, 1995)

Cite This Page — Counsel Stack

Bluebook (online)
Mark Verstuyft, Robin Verstuyft, Gordon Kuenemann, Wendy Kuenemann, Earl Beyer, Kenneth Beyer v. Wells Fargo Bank N.A., Wells Fargo National Bank West, Counsel Stack Legal Research, https://law.counselstack.com/opinion/mark-verstuyft-robin-verstuyft-gordon-kuenemann-wendy-kuenemann-earl-txwd-2026.