Raphael Bernstein, et al. v. JPMorgan Chase Bank, N.A., et al.

CourtDistrict Court, S.D. New York
DecidedDecember 29, 2025
Docket1:24-cv-03552
StatusUnknown

This text of Raphael Bernstein, et al. v. JPMorgan Chase Bank, N.A., et al. (Raphael Bernstein, et al. v. JPMorgan Chase Bank, N.A., et al.) 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
Raphael Bernstein, et al. v. JPMorgan Chase Bank, N.A., et al., (S.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK RAPHAEL BERNSTEIN, et al., Plaintiffs, -against- 24-CV-3552 (JGLC) JPMORGAN CHASE BANK, N.A., et al., OPINION AND ORDER Defendants.

JESSICA G. L. CLARKE, United States District Judge: Plaintiffs Raphael Bernstein, Jane Bernstein, John Bernstein, and Daniel Bernstein (collectively, “Plaintiffs”), bring this action against JPMorgan Chase Bank, N.A. (“Defendant” or “Chase”), American Express National Bank, and Bank of America, N.A.1 (collectively, 0F “Defendants” or “Banks”), alleging that the Banks violated their own policies and promises by failing to alert Plaintiffs of fraud in violation of the Truth in Lending Act, 15 U.S.C.S. § 1601 et seq.; the Uniform Commercial Code Articles 4 and 4A; the Electronic Fund Transfer Act, 15 U.S.C.A. § 1693; and New York General Business Law (“GBL”) § 349. See ECF No. 1-1 (“Compl.”) ¶¶ 67–103. Plaintiffs also asserted a claim for negligent misrepresentation. Id. ¶¶ 55 –66. On June 7, 2024, Defendant Chase filed a motion to dismiss Plaintiffs’ complaint in its entirety. ECF No. 20. On March 28, 2025, the Court issued an Opinion and Order that granted Chase’s motion with respect to Plaintiffs’ negligent misrepresentation, Truth in Lending Act, Uniform Commercial Code, and Electronic Fund Transfer Act claims. ECF No. 38 (“Order”). However, the Court denied Chase’s motion to dismiss Plaintiffs’ state law consumer protection

1 On June 14, 2024, the parties stipulated to substitute named Defendants JPMorgan Securities d/b/a JPMorgan Chase, JPMorgan Securities d/b/a JPMorgan Private Bank, and JPMorgan Chase & Co. with Defendant JPMorgan Chase Bank, N.A. See ECF No. 27. All proceedings in this matter related to American Express National Bank are stayed pending completion of arbitration deadlines. See ECF No. 23. claim, finding that Plaintiffs adequately alleged an injury under GBL § 349. Id. at 21–25. Currently before the Court is Chase’s Limited Motion for Reconsideration, or in the Alternative, for Certification as to an Interlocutory Appeal. ECF No. 39. Defendant Bank of America, N.A. did not bring a separate motion for reconsideration or join Chase’s motion. Chase moves to

reconsider the Court’s denial of its motion to dismiss Plaintiffs’ GBL § 349 claim, but does not seek reconsideration of the rest of the Court’s Order. See ECF No. 40 (“Mot.”). For the reasons set forth below, Chase’s motion is DENIED in its entirety. DISCUSSION The Court assumes familiarity with the facts as set forth in the Order on the motion to dismiss. See Order at 2–7. I. Chase’s Motion for Reconsideration is Denied The Court sets forth the legal standards governing motions for reconsideration and concludes that Chase has not met these rigorous standards. A. Legal Standard

S.D.N.Y. Local Civil Rule 6.3 dictates that any motion for reconsideration shall be based upon “the matters or controlling decisions which the moving party believes the court has overlooked.” The rule “is to be narrowly construed and strictly applied in order to discourage litigants from making repetitive arguments on issues that have been thoroughly construed by the court.” Lent v. Fashion Mall Partners, L.P., 243 F.R.D. 97, 98 (S.D.N.Y. 2007) (internal citation omitted). In other words, a motion for reconsideration will generally be “denied unless the moving party can point to controlling decisions or data that the court overlooked [and] that might reasonably be expected to alter the conclusion reached by the court.” Shrader v. CSX Transp., Inc., 70 F.3d 255, 257 (2d Cir. 1995) (cleaned up). “[A] motion to reconsider should not be granted where the moving party seeks solely to relitigate an issue already decided.” Id. (affirming a district court’s decision to reconsider its earlier ruling when the movant introduced “additional relevant case law and substantial legislative history”). “The standard for reconsideration is strict and the decision is ‘within the sound discretion of the district court.’”

Robbins v. H.H. Brown Shoe Co., No. 08-CV-6885 (WHP), 2009 WL 2496024, at *1 (S.D.N.Y. July 27, 2009) (citing Colodney v. Continuum Health Partners, Inc., No. 03-CV-7276 (DLC), 2004 WL 1857568, at *1 (S.D.N.Y. Aug. 18, 2004)). B. Chase Does Not Satisfy the Rigorous Standard Governing Reconsideration In its Order, the Court held that Plaintiffs adequately pled their GBL § 349 claim. Order at 21–25. GBL § 349(a) declares as unlawful “[d]eceptive acts or practices in the conduct of any business, trade or commerce or in the furnishing of any service” in the state of New York. To state a Section 349 claim, plaintiffs must plead “first, that the challenged act or practice was consumer-oriented; second, that it was misleading in a material way; and third, that the plaintiff suffered an injury as a result of the deceptive act.” Crawford v. Franklin Credit Mgmt. Corp., 758 F.3d 473, 490 (2d Cir. 2014) (internal citation omitted). The Court concluded that Chase’s

alleged conduct, including an extensive marketing campaign, was consumer-oriented conduct. Order at 22–23. The Court further determined that Chase’s alleged conduct was plausibly materially misleading and caused Plaintiffs’ injury. Id. at 23–24. Chase moves the Court to reconsider its ruling on the latter two elements, arguing that Plaintiffs did not establish that Chase’s representations were materially misleading conduct or that its conduct caused Plaintiffs’ injury. Mot. at 3–8. 1. Chase’s Consumer-Oriented Conduct Includes Both Its Website Representations and Its Emailed Assurance Chase does not directly contest the Court’s analysis of the first element of the Section 349 claim, which is that Chase’s conduct was consumer-oriented. See Mot. However, determining exactly which aspects of Chase’s conduct were consumer-oriented informs the analysis of the latter two elements of the claim, which Chase moves to reconsider. In the Order, the Court held that Plaintiffs “sufficiently ple[d] materiality” with their allegations of Chase’s website content and emailed “personal assurance.” Order at 24 (internal citation omitted). Chase argues that its emailed assurance to Plaintiffs “was not publicly disclosed and thus cannot plausibly be viewed as consumer-oriented conduct.” Mot. at 6 n.4. To

support its contention, Chase cites to the Court’s Order stating that consumer-oriented conduct must have a “broader impact on consumers at large.” Id. (quoting Order at 22 (quoting Crawford v. Franklin Credit Mgmt. Corp., 758 F.3d 473, 490 (2d Cir. 2014))). The Court disagrees with Chase’s contention that communications must be publicly disclosed to constitute consumer-oriented conduct under Section 349. Non-publicly disclosed conduct directed at an individual consumer could give rise to a Section 349 claim, if that “boilerplate” conduct was one instance of a more generally applied policy or practice that could “potentially affect[] similarly situated consumers” or has “the potential to be repeated in order to deceive numerous similarly situated buyers.” Seidler v. JPMorgan Chase Bank, N.A., No. 23-CV- 1462 (GHW) (VF), 2024 WL 344551, at *4 (S.D.N.Y. Jan. 12, 2024) (internal citations omitted),

report and recommendation adopted, No. 23-CV-1462 (GHW), 2024 WL 343299 (S.D.N.Y. Jan. 30, 2024). See also Orlander v. Staples, Inc., 802 F.3d 289, 301 (2d Cir.

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

Related

Bruce C. Shrader v. Csx Transportation, Inc.
70 F.3d 255 (Second Circuit, 1995)
In Re Ambac Financial Group, Inc. Securities Litigation
693 F. Supp. 2d 241 (S.D. New York, 2010)
Ryan, Beck & Co., LLC v. Fakih
275 F. Supp. 2d 393 (E.D. New York, 2003)
Mills v. EVEREST REINSURANCE COMPANY
771 F. Supp. 2d 270 (S.D. New York, 2009)
United States Ex Rel. Drake v. NSI, Inc.
736 F. Supp. 2d 489 (D. Connecticut, 2010)
DESKOVIC v. City of Peekskill
673 F. Supp. 2d 154 (S.D. New York, 2009)
Crawford v. Franklin Credit Management Corp.
758 F.3d 473 (Second Circuit, 2014)
Orlander v. Staples, Inc.
802 F.3d 289 (Second Circuit, 2015)
Loeb v. Architecture Work, P.C.
2017 NY Slip Op 7551 (Appellate Division of the Supreme Court of New York, 2017)
Liberty Mutual Insurance Co. v. Fairbanks Co.
208 F. Supp. 3d 545 (S.D. New York, 2016)
Youngers v. Virtus Investment Partners Inc.
228 F. Supp. 3d 295 (S.D. New York, 2017)
Mantikas ex rel. Situated v. Kellogg Co.
910 F.3d 633 (Second Circuit, 2018)
In re Facebook, Inc., IPO Securities & Derivative Litigation
986 F. Supp. 2d 524 (S.D. New York, 2014)
Lent v. Fashion Mall Partners, L.P.
243 F.R.D. 97 (S.D. New York, 2007)
MacNaughton v. Young Living Essential Oils, LC
67 F.4th 89 (Second Circuit, 2023)

Cite This Page — Counsel Stack

Bluebook (online)
Raphael Bernstein, et al. v. JPMorgan Chase Bank, N.A., et al., Counsel Stack Legal Research, https://law.counselstack.com/opinion/raphael-bernstein-et-al-v-jpmorgan-chase-bank-na-et-al-nysd-2025.