Perednia v. Bank of America NA

CourtDistrict Court, E.D. Washington
DecidedMarch 19, 2025
Docket2:24-cv-00281
StatusUnknown

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

Bluebook
Perednia v. Bank of America NA, (E.D. Wash. 2025).

Opinion

1 FILED IN THE 2 U.S. DISTRICT COURT EASTERN DISTRICT OF WASHINGTON Mar 19, 2025 3 SEAN F. MCAVOY, CLERK 4 5 UNITED STATES DISTRICT COURT EASTERN DISTRICT OF WASHINGTON 6

7 RICHARD W. PEREDNIA, Personal Representative of the ESTATE OF NO. 2:24-CV-0281-TOR 8 QUY BARRIER; and CHARLES J. BARRIER, Trustee of THE JOHN ORDER GRANTING DEFENDANT’S 9 CLAUDE BARRIER MOTION TO DISMISS IRREVOCABLE TRUST, 10 Plaintiffs, 11 v. 12 BANK OF AMERICA, N.A., 13 Defendant. 14

15 BEFORE THE COURT is Defendant’s Motion to Dismiss (ECF No. 5). 16 The Court has reviewed the record and files herein, and is fully informed, finding 17 oral argument unnecessary. For the reasons discussed below, Defendant’s Motion 18 to Dismiss (ECF No. 5) is GRANTED. 19 20 1 BACKGROUND 2 This matter arises out of fraud perpetrated on bank accounts opened with

3 Defendant. On January 28, 2020, John Claude Barrier died, leaving a Trust (“the 4 Trust”) to co-trustees Charles Barrier, Linwood Sampson, and Quy Barrier. ECF 5 No. 1-1 at 3, ¶¶ 2.4‒2.5. On April 30, 2020, the co-trustees established a bank

6 account with Baird Financial on behalf of the Trust. Id., ¶2.5. On December 8, 7 2020, Ms. Barrier opened an account for the Trust with Defendant Bank of 8 America, representing that she was the sole trustee, and that Mr. Barrier and Mr. 9 Sampson were successor trustees. Id. at 3‒4, ¶¶ 2.6‒2.7. Ms. Barrier also

10 maintained a personal account with Defendant. Id. at 4, ¶ 2.9. 11 Ms. Barrier, who was in her late sixties at the time of incident, allegedly fell 12 victim to nefarious individuals who directed her to withdraw and transfer funds,

13 demonstrated by a series of transactions occurring in late 2022 and early 2023. On 14 December 12, 2022, Ms. Barrier withdrew $135,000 from her personal account as 15 a cashier’s check made out to David Rigwald. ECF No. 1-1 at 4, ¶ 2.11. On 16 January 13, 2023, she withdrew $351,000 from her personal account as a cashier’s

17 check made out to herself. Id., ¶ 2.12. On January 31, 2023, she transferred $1.5 18 million from the Baird Financial trust account to the Bank of America trust 19 account. Id., ¶ 2.13. On February 1, 2023, she transferred $1.2 million from the

20 Baird Financial trust account to the Bank of America trust account. Id., ¶ 2.14. On 1 February 2, 2023, Ms. Barrier transferred $1.2 million from the Bank of America 2 trust account to her personal account. Id., ¶ 2.15. On February 3, 2023, she made

3 a withdrawal of $425,000 from her personal account via a cashier’s check to 4 Robert Rehfuss. Id., ¶ 2.16. On February 7, 2023, she made a withdrawal of 5 $500,000 from her personal account, via a cashier check to herself. Id., ¶ 2.17. On

6 February 27, 2023, she transferred $200,000 from the Bank of America trust 7 account to her personal account. Id. at 5, ¶ 2.18. On February 28, 2023, she 8 withdrew $370,000 from her personal account via cashier’s check made out to 9 Servio Assurance, LLC. Id., ¶ 2.19. On May 19, 2023, she transferred $1.5

10 million from the Baird Financial trust account to the Bank of America trust 11 account. Id., ¶ 2.20. Between May 23 and May 30, 2023, Ms. Barrier withdrew 12 $797,000 from the Bank of America trust account. On June 9, 2023, she

13 transferred $38,000 from the Bank of America trust account to her personal 14 account. Id., ¶ 2.23. 15 On June 9 and June 10, 2023, Charles Barrier reported concerns about Ms. 16 Barrier’s financial activity to a Bank of America branch in Woodinville,

17 Washington, but was not provided any information and the account was not frozen 18 despite presenting a copy of the trust instrument. Id., ¶¶ 2.26‒2.28. On June 12, 19 2023, Mr. Barrier presented a copy of the trust instrument to a Bank of America

20 Branch in Spokane, Washington, and was denied information. Id., ¶¶ 2.32‒2.33. 1 The employee working that day stated that she needed to seek approval from the 2 Bank of America Legal Department before disclosing any information to co-

3 trustees. Id., ¶ 2.34. 4 Also on June 12, 2023, Ms. Barrier made an international wire transfer in the 5 amount of $518,000 from the Bank of America trust account to Yang Junjie. Id., ¶

6 2.36. She made another wire transfer on June 27, 2023, in the amount of $97,609 7 from her personal account Hang Seng Bank Ltd. Id., ¶ 2.37. After these 8 transactions, Mr. Barrier was able to obtain financial statements for the Bank of 9 America accounts from Ms. Barrier and discovered the numerous transfers of the

10 funds to third parties, both in the United States and in China. Id., ¶¶ 2.38‒2.39. In 11 total, Ms. Barrier transferred $4,200,000 from the shared Baird Financial trust 12 account, withdrew $1,905,609 from her personal account with Bank of America,

13 and $1,315,000 from the trust account with Bank of America. Mr. Barrier reported 14 the transfers to law enforcement, and at least one individual has been apprehended. 15 Id., ¶¶ 2.41‒2.42. Ms. Barrier died on December 10, 2023. Id., ¶ 2.43. 16 Plaintiffs filed this lawsuit on July 15, 2024, in the Spokane County Superior

17 Court, alleging aiding and abetting breach of fiduciary duty, negligence, and 18 breach of contract. ECF No. 1. Defendant removed this action on August 16, 19 2024, and now moves to dismiss the action based on failure to state a claim.

20 Specifically, Defendant argues that it is completely shielded from liability from the 1 Financial Institution Individual Account Deposit Act, RCW 30A.22, it has no 2 independent duty to Plaintiffs, Plaintiffs’ claims are preempted by Article 4A of

3 the UCC, and that Plaintiffs will be unable to sustain their aiding and abetting, 4 negligence, or breach of Deposit Agreement claims. ECF No. 5 at 12‒20. 5 Moreover, Defendant asserts that Plaintiffs lack standing to assert one or more of

6 their alleged claims. Id. at 21‒22. 7 DISCUSSION 8 I. Motion to Dismiss Standard 9 Federal Rule of Civil Procedure 12(b)(6) provides that a defendant may

10 move to dismiss the complaint for “failure to state a claim upon which relief can be 11 granted.” A 12(b)(6) motion will be denied if the plaintiff alleges “sufficient 12 factual matter, accepted as true, to ‘state a claim to relief that is plausible on its

13 face.’” Ashcroft v. Iqbal, 556 U.S. 662, 678 (2009) (quoting Bell Atl. Corp. v. 14 Twombly, 550 U.S. 544, 570 (2007)). A motion to dismiss for failure to state a 15 claim “tests the legal sufficiency” of the plaintiff’s claims. Navarro v. Block, 250 16 F.3d 729, 732 (9th Cir. 2001). While the plaintiff’s “allegations of material fact

17 are taken as true and construed in the light most favorable to the plaintiff” the 18 plaintiff cannot rely on “conclusory allegations of law and unwarranted inferences 19 . . . to defeat a motion to dismiss for failure to state a claim.” In re Stac Elecs. Sec.

20 Litig., 89 F.3d 1399, 1403 (9th Cir. 1996) (citation and brackets omitted). That is, 1 the plaintiff must provide “more than labels and conclusions, and a formulaic 2 recitation of the elements.” Twombly, 550 U.S. at 555. Instead, a plaintiff must

3 show “factual content that allows the court to draw the reasonable inference that 4 the defendant is liable for the alleged misconduct.” Iqbal, 556 U.S. 662. A claim 5 may be dismissed only if “it appears beyond doubt that the plaintiff can prove no

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Perednia v. Bank of America NA, Counsel Stack Legal Research, https://law.counselstack.com/opinion/perednia-v-bank-of-america-na-waed-2025.