Poetic License Capital, Inc. v. Ali Ebrahim and John Does 1-10; Ali Ebrahim v. Yahya “John” Piracha; Yahya “John” Piracha v. Shan Jamal, Ali Tharia and John Does 1-10

District Court, D. Montana·Decided August 7, 2026·No. 1:22-cv-00099·Unknown

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE DISTRICT OF MONTANA BILLINGS DIVISION

POETIC LICENSE CAPITAL, INC., CV 22-99-BLG-KLD

Plaintiff, vs. ORDER

ALI EBRAHIM and JOHN DOES 1- 10,

Defendants.

ALI EBRAHIM,

Third-Party Plaintiff and Counterclaim Defendant, vs.

YAHYA “JOHN” PIRACHA,

Third-Party Defendant and Counterclaimant.

YAHYA “JOHN” PIRACHA,

Third-Party Plaintiff, vs.

SHAN JAMAL, ALI THARIA and JOHN DOES 1-10,

Third-Party Defendants.

1 This matter comes before the Court on Defendant, Third-Party Plaintiff, and Counterclaim Defendant Ali Ebrahim’s Rule 41(a)(2) Motion to Voluntarily

Dismiss and Supplemental Rule 12(b)(1) Motion to Dismiss All Remaining Claims for Lack of Subject Matter Jurisdiction. (Doc. 132). For the reasons set forth below, the motion is granted.

I. Background The dispute at the origin of this case arises from investments made by Plaintiff Poetic License Capital, Inc. (“PLC”) in American Harvest, Inc. (“AHI”), an industrial hemp company. (Doc. 63 at 5 ¶ 1). Since the initial complaint was

filed in September 2022, the scope of litigation has expanded via third-party complaints and counterclaims amongst the parties.

PLC’s basis for initiating this litigation is set out in its second amended complaint. There, PLC alleged claims for securities violations against Defendant and Third-Party Plaintiff Ali Ebrahim. (Doc. 35). PLC alleged Ebrahim was a co- founder and officer of AHI, and that in 2019 he solicited investment in AHI from PLC. (Doc. 35 at 2-3 ¶¶ 7-9). Count I of the second amended complaint alleged

Ebrahim or individuals under his control made fraudulent misrepresentations or omissions in connection with PLC’s investment in AHI and that these actions contributed to violations of Section 10(b) of the Securities Exchange Act of 1934.

2 (Doc. 35, at 6-10 ¶¶ 18-32). Count II alleged “control person” liability against Ebrahim under Section 20(a) of the Securities Exchange Act of 1934. (Doc. 35 at

10-11 ¶¶ 33-37). These claims have since been voluntarily dismissed. (Docs. 130, 131). Ebrahim’s answer to the second amended complaint was filed with a third-

party complaint against Yahya “John” Piracha, which Ebrahim now seeks to dismiss (Docs. 39, 132). In his third-party complaint, Ebrahim alleges Piracha was chief executive officer of AHI when PLC invested in AHI. (Doc. 39 at 16 ¶ 6). Given Piracha’s alleged involvement, Ebrahim seeks apportionment and

contribution for all claims asserted against Ebrahim. (Doc. 39 at 15). Ebrahim’s third-party complaint alleges “[i]nsofar as the trier of fact finds that the elements of a securities fraud claim are all met, each of the alleged misrepresentations related

to the investor prospectus and presentation are attributable to Piracha . . . .” (Doc. 39 at 16 ¶ 5). In the alternative, Ebrahim alleges that to the extent any misrepresentations are attributable to Ebrahim they are “also attributable to Piracha.” (Doc. 39 at 16 ¶ 5). Ebrahim’s third-party complaint further alleges that

if anyone is found liable as a control person it should be Piracha. In the alternative, Ebrahim alleges that if he is found liable as a control person, Piracha had greater responsibility and culpability. (Doc. 39 at 17-18 ¶10). Ebrahim now moves for

3 dismissal of his claims against Piracha pursuant to Federal Rule of Civil Procedure 41(a)(2). (Doc. 132).

On February 25, 2025, Piracha filed a combined answer to Ebrahim’s complaint, counterclaim against Ebrahim, and third-party complaint against Shan Jamal and Ali Tharia. (Doc. 63). Piracha alleges several causes of action against

Ebrahim. Count 1 of Piracha’s counterclaim against Ebrahim alleges a breach of the standard of conduct for directors in violation of Montana Code Annotated § 35- 14-830, 831. (Doc. 63 at 14). Count 2 alleges a breach of the standard of conduct for officers in violation of Montana Code Annotated § 35-14-842. (Doc. 63 at 17).

Count 3 alleges deceit in violation of Montana Code Annotated § 27-1-712. (Doc. 63 at 19). In addition, Piracha’s third-party complaint against Tharia and Jamal alleges breach of contract in violation of Montana Code Annotated § 27-2-202.

(Doc. 63 at 20). In response to Piracha’s counterclaims and third-party complaint, Ebrahim, Tharia, and Jamal each filed a motion to dismiss. (Docs. 65, 82, 90). Those motions are currently pending before the Court. However, on July 8, 2026,

Ebrahim and PLC filed a joint stipulation of dismissal of PLC’s claims against Ebrahim. (Doc. 130). Accordingly, the Court dismissed PLC’s claims with prejudice. (Doc. 131). On July 9, 2026, Ebrahim filed the instant motion, which

4 seeks voluntary dismissal of Ebrahim’s contribution claims against Piracha and dismissal of Piracha’s claims for lack of subject matter jurisdiction.1 (Doc. 132).

The motion is fully briefed and ripe for ruling. II. Legal Standards A motion to dismiss under Rule 12(b)(1) challenges the court’s subject

matter jurisdiction over the claims asserted. “Once challenged, the party asserting subject matter jurisdiction has the burden of proving its existence.” Rattlesnake Coalition v. United States Environmental Protection Agency, 509 F.3d 1095, 1102 n. 1 (9th Cir. 2007).

Federal district courts are “courts of limited jurisdiction.” Kokkonen v. Guardian Life Ins. Co. of Am., 511 U.S. 375, 377 (1994). Their jurisdictional scope is empowered by the Constitution and federal statute. Kokkonen, 511 U.S. at 377.

Federal subject matter jurisdiction is typically established by either the diversity of the parties, pursuant to 28 U.S.C. § 1332, or the presence of federal questions in the complaint, pursuant to 28 U.S.C. § 1331. The diversity jurisdiction statute, 28 U.S.C. § 1332, requires (1) complete

diversity of citizenship between the parties and (2) an amount in controversy

1 On July 22, 2026, Tharia filed a notice of joinder in Ebrahim’s motion to dismiss Piracha’s remaining claims for lack of subject matter jurisdiction. (Doc. 136). 5 exceeding $75,000. 28 U.S.C. § 1332(a). In contrast, the federal question jurisdiction statute provides, “[t]he district courts shall have original jurisdiction of

all civil actions arising under the Constitution, laws, or treaties of the United States.” 28 U.S.C. § 1331. “The presence or absence of federal-question jurisdiction is governed by the ‘well-pleaded’ complaint rule, which provides that

federal jurisdiction exists only when a federal question is presented on the face of the plaintiff's properly pleaded complaint.” Ethridge v. Harbor House Restaurant, 861 F.2d 1389, 1394 (9th Cir. 1988) (quoting Caterpillar Inc. v. Williams, 482 U.S. 386, 392 (1987)).

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Poetic License Capital, Inc. v. Ali Ebrahim and John Does 1-10; Ali Ebrahim v. Yahya “John” Piracha; Yahya “John” Piracha v. Shan Jamal, Ali Tharia and John Does 1-10, (D. Mont. 2026).

Poetic License Capital, Inc. v. Ali Ebrahim and John Does 1-10; Ali Ebrahim v. Yahya “John” Piracha; Yahya “John” Piracha v. Shan Jamal, Ali Tharia and John Does 1-10 (Poetic License Capital, Inc. v. Ali Ebrahim and John Does 1-10; Ali Ebrahim v. Yahya “John” Piracha; Yahya “John” Piracha v. Shan Jamal, Ali Tharia and John Does 1-10) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.

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