Null v. Bank Of America Corporation

CourtDistrict Court, S.D. New York
DecidedMay 20, 2024
Docket1:23-cv-08343
StatusUnknown

This text of Null v. Bank Of America Corporation (Null v. Bank Of America Corporation) is published on Counsel Stack Legal Research, covering District Court, S.D. New York primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Null v. Bank Of America Corporation, (S.D.N.Y. 2024).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK

GARY NULL, PH.D., et al., Plaintiffs, 23-CV-8343 (JPO) -v- OPINION AND ORDER BANK OF AMERICA, N.A., Defendant.

J. PAUL OETKEN, District Judge: Plaintiffs Gary Null, Ph.D., Gary Null’s Uptown Whole Foods, Inc., Gary’s Health Choices, Inc., and Health and Nutrition in Texas, Inc. (collectively “Plaintiffs”), bring this suit against Defendant Bank of America, N.A. (“BANA”) for negligence, conversion, and breach of warranty in violation of the New York Uniform Commercial Code. (ECF No. 25 (“FAC”).) Before the Court is BANA’s motion to dismiss pursuant to Rules 12(b)(5) and 12(b)(6) of the Federal Rules of Civil Procedure. (ECF No. 39.) For the reasons that follow, the Rule 12(b)(5) motion is denied and the Rule 12(b)(6) motion is granted. I. Background A. Factual Background The following facts are taken from the First Amended Complaint and are assumed true for the purposes of this opinion. Plaintiff Gary Null, Ph.D. (“Null”) is a resident of Florida. Plaintiff Gary Null’s Uptown Whole Foods, Inc., is a New York corporation, with a principal place of business in New York, which was owned and operated by Null from December 2003 to August 2020. Plaintiff Gary’s Healthy Choices, Inc., is a New York corporation, with a principal place of business in New York, which has been owned and operated by Null since January 2020. Plaintiff Health and Nutrition in Texas, Inc., is a Texas corporation, with a principal place of business in Texas, which has been owned and operated by Null since March 2013. (FAC §§ 1-4.) Defendant Bank of America, N.A. (“BANA”) is a national bank, with a principal place of business in North Carolina, that conducts business in New York. (Id. § 5.)

Between April 10, 2020, and June 7, 2021, one of Plaintiffs’ employees and bookkeepers, Mohamed Sankoh, allegedly wrote $525,276.55 worth of company checks to vendors. Plaintiffs allege that these checks were not given to vendors but were instead misappropriated after being deposited into accounts at BANA. (Id. § 6.) Plaintiffs allege that BANA, as the depositary bank, was negligent and breached its warranty that the checks were authentic and free of alterations pursuant to U.C.C. § 4-207(a)(2) and Rule 9 of the Electronic Check Clearing House Organization. (Id. §§ 8-9.) B. Procedural History This case was removed from New York Supreme Court, New York County, to this court on September 20, 2023. (ECF No. 1.) The originally named defendant, Bank of America Corporation (“BAC”), filed a motion to dismiss on November 13, 2023. (ECF No. 20.)

Plaintiffs filed their First Amended Complaint, re-naming BANA as the sole defendant, on November 15, 2023. (ECF No. 25 (“FAC”).) BANA filed a motion to dismiss the FAC on December 21, 2023. (ECF No. 38.) Plaintiffs filed their opposition on February 6, 2024 (ECF No. 48), and BANA filed a reply on February 29, 2024 (ECF No. 49). II. Legal Standard A. Rule 12(b)(5) Motion to Dismiss Rule 12(b)(5) allows a party to move to dismiss a complaint for insufficient service of process. Rule 4(m) requires a defendant to be served with the summons and complaint within 90 days after the complaint is filed. Fed. R. Civ. P. 4(m). However, courts must excuse untimely service if good cause is shown. Id. To determine whether a plaintiff has demonstrated good cause, courts generally consider three factors: (1) whether the delay resulted from inadvertence or whether a reasonable effort to effect service has occurred, (2) prejudice to the defendant, and (3) whether the plaintiff had moved for an extension of time to serve. Echevarria v. Dep’t of

Corr. Servs., 48 F. Supp. 2d 388, 392 (S.D.N.Y. 1999). B. Rule 12(b)(6) Motion to Dismiss To survive a motion to dismiss under Rule 12(b)(6), a plaintiff must plead “enough facts to state a claim to relief that is plausible on its face.” Bell Atl. Corp. v. Twombly, 550 U.S. 544, 570 (2007). A complaint need not contain “detailed factual allegations,” but it must offer something “more than an unadorned, the-defendant-unlawfully-harmed-me accusation.” Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009) (internal quotation marks and citation omitted). A plaintiff must plead “factual content that allows the court to draw the reasonable inference that the defendant is liable for the misconduct alleged.” Id. (citing Twombly, 550 U.S. at 556). In resolving a motion to dismiss, the Court must accept as true all well-pleaded factual allegations in the complaint, “drawing all reasonable inferences in favor of the plaintiff.” Koch v. Christie’s

Int’l PLC, 699 F.3d 141, 145 (2d Cir. 2012). III. Discussion A. Rule 12(b)(5) Motion

BANA moves to dismiss under Rule 12(b)(5) on the ground that Plaintiffs have failed to properly serve the FAC. Although Plaintiffs served the original complaint on BAC, which was the initially named defendant, BANA has not been served with the FAC. Plaintiffs contend that BANA is “judicially estopped” from arguing that service was improper because counsel for BANA—who was also counsel of record for BAC’s original motion to dismiss (ECF No. 20)— represented in a letter to the Court that “BANA further is prepared to waive service of the Amended Complaint.” (ECF No. 33.) BANA argues that this statement of willingness to waive service did not constitute an actual waiver of service. (ECF No. 49 at 4-5.) The Court disagrees. A reasonable attorney would have understood this statement in counsel’s letter to constitute a waiver of service of the FAC. Accordingly, BANA’s Rule 12(b)(5) motion is denied.

B. Rule 12(b)(6) Motion Section 4-207(2)(b) of the N.Y. U.C.C. provides: “Each customer and collecting bank who transfers an item and receives a settlement or other consideration for it warrants to his transferee and to any subsequent collecting bank who takes the item in good faith that . . . all signatures are genuine or authorized.”1 The common law provides a defense for depositary banks—the bank that takes the check—when the check is paid by the drawee bank even though the check is improperly endorsed. “Under the common-law rule, the drawer of a check ‘does not have a direct cause of action against a depositary bank for collecting an improperly indorsed check.’” Lesser v. TD Bank, N.A., 463 F. Supp. 3d 438, 447 (S.D.N.Y. 2020) (cleaned up) (quoting Horovitz v. Roadworks of Great Neck, Inc., 76 N.Y.2d 975, 976 (1990)). “‘[T]he

common-law in this State before the enactment of the Code was that a drawer had no direct action against a depositary bank; its remedy was against the drawee bank,’ and ‘[t]he Code . . . did not change the rule.’” Lesser, 463 F. Supp. 3d at 447 (quoting Prudential-Bache Sec., Inc. v. Citibank, N.A., 73 N.Y.2d 263, 272 (1989)). New York law has identified one narrow exception to this common-law rule: “the drawer will be permitted to recover from the depositary bank in the limited circumstances ‘when the depositary has acted wrongfully and yet the drawee has acted properly in honoring the check because the forgery is effective.’” B.D.G.S., Inc. v. Balio, 8

1 N.Y. U.C.C. § 4-207(2)(b) is the New York state law analogue of U.C.C. § 4-207(a)(2) cited by Plaintiffs in the FAC. N.Y.3d 106, 112 (2006) (quoting Spielman v. Manufacturers Hanover Trust Co., 60 N.Y.2d 221, 225 (1983)).

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

Related

Bell Atlantic Corp. v. Twombly
550 U.S. 544 (Supreme Court, 2007)
Ashcroft v. Iqbal
556 U.S. 662 (Supreme Court, 2009)
Koch v. Christie's International PLC
699 F.3d 141 (Second Circuit, 2012)
Echevarria v. Department of Correctional Services
48 F. Supp. 2d 388 (S.D. New York, 1999)
Spielman v. Manufacturers Hanover Trust Co.
456 N.E.2d 1192 (New York Court of Appeals, 1983)
Prudential-Bache Securities, Inc. v. Citibank, N. A.
536 N.E.2d 1118 (New York Court of Appeals, 1989)
Horovitz v. Roadworks of Great Neck, Inc.
565 N.E.2d 484 (New York Court of Appeals, 1990)

Cite This Page — Counsel Stack

Bluebook (online)
Null v. Bank Of America Corporation, Counsel Stack Legal Research, https://law.counselstack.com/opinion/null-v-bank-of-america-corporation-nysd-2024.