Southwest Heritage Bank v. Steven C Coury, et al.

CourtDistrict Court, D. Arizona
DecidedFebruary 2, 2026
Docket2:25-cv-00047
StatusUnknown

This text of Southwest Heritage Bank v. Steven C Coury, et al. (Southwest Heritage Bank v. Steven C Coury, et al.) is published on Counsel Stack Legal Research, covering District Court, D. Arizona primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Southwest Heritage Bank v. Steven C Coury, et al., (D. Ariz. 2026).

Opinion

1 WO 2 3 4 5 6 IN THE UNITED STATES DISTRICT COURT 7 FOR THE DISTRICT OF ARIZONA

9 Southwest Heritage Bank, No. CV-25-00047-PHX-JZB

10 Plaintiff, REPORT AND RECOMMENDATION

11 v.

12 Steven C Coury, et al.,

13 Defendants. 14 15 TO THE HONORABLE STEPHEN M. MCNAMEE, UNITED STATES DISTRICT 16 JUDGE: 17 Pending before the Court are Plaintiff’s “Motion for Entry of Default Judgment 18 Against Defendants Lincoln J. Moore” (Motion for Default Judgment”) (doc. 38) and 19 “Motion for Award of Attorney Fees and Costs” (“Motion for Attorneys’ Fees”) (doc. 40). 20 In its Motion for Default Judgment, Plaintiff seeks entry of default judgment against 21 Defendant Lincoln J. Moore (“Defendant Moore”) “for the net overdrawn funds of 22 $683,430.42, full indemnification of the claim brought by 1st Bank for $422,682.86, . . . 23 for pre-judgment interest accruing until the date of this judgement at the legal rate of 10% 24 per annum, [and] for post-judgment interest accruing at the date of this judgement at the 25 federal judgement rate per diem[.]” (Doc. 38 at 5.) In its Motion for Attorneys’ Fees, 26 Plaintiff “requests an award of attorney’s fees in the amount of $8,771.10, recoverable 27 costs in the amount of $1,371.38, and anticipated fees to take this matter to judgement in 28 the amount of $2,500, for a total of $12,642.48.” (Doc. 40 at 2.) 1 This Report and Recommendation is filed pursuant to General Order 21-25.1 2 Because the Eitel factors weigh against entry of default judgment, the Court recommends 3 Plaintiff’s Motion for Default Judgment be denied without prejudice. Consequently, 4 because there is no entry of judgment against Defendant Moore, the Court recommends 5 Plaintiff’s Motion for Attorneys’ Fees be denied without prejudice. Considering 6 Plaintiff’s Complaint—with every claim sounding in fraud—does not satisfy Rule 9(b)’s 7 heightened pleading standard, the Court recommends that Plaintiff be granted 30 days to 8 file an amended complaint. 9 I. Factual Background.2 10 Plaintiff’s action arose out of an alleged “check kiting scheme”3 involving 11 transactions by Defendant Moore from a Steve Coury Ford, LLC (“SCF”) small business 12 checking account number 4000059893 (the “Account”). (Doc. 1 at 3.) The allegations in 13 the Complaint and Plaintiff’s filings are summarized as follows. 14 On July 17, 2024, Defendant Moore was added as a signer on the Account. (Id.) 15 Plaintiff alleges that, following his addition as a signer, activity on the Account “escalated

16 1 General Order 21-25 provides:

17 When a United States Magistrate Judge to whom a civil action has been assigned pursuant to Local Rule 3.7(a)(1) considers dismissal to be 18 appropriate but lacks the jurisdiction to do so under 28 U.S.C. § 636(c)(1) due to incomplete status of election by the parties to consent or not consent 19 to the full authority of the Magistrate Judge,

20 IT IS ORDERED that the Magistrate Judge will prepare a Report and Recommendation for the Chief United States District Judge or designee. 21 IT IS FURTHER ORDERED designating [Senior United States District 22 Judge Stephen M. McNamee] to review and, if deemed suitable, to sign the order of dismissal . . . . 23 2 The factual background of this action largely mirror’s that of 1st Bank Yuma v. Southwest Heritage Bank, No. CV-25-00252-PHX-JZB. This is because both actions 24 “share questions of fact and legal issues . . . . [namely,] the alleged check kiting scheme perpetrated by Defendant Moore between Plaintiffs First Bank and Southwest Heritage.” 25 (Doc. 32 at 6.) 3 “Check kiting is a scheme designed to separate the bank from its money by tricking 26 it into inflating bank balances and honoring checks drawn against accounts with insufficient funds.” United States v. Frydenlund, 990 F.2d 822, 824 (5th Cir. 1993) 27 (cleaned up); Williams v. United States, 458 U.S. 279, 281 n.1 (1982) (noting that “[i]n effect, the check kiter” profits off the scheme by “tak[ing] advantage of the several-day 28 period required for the transmittal, processing, and payment of checks from accounts in different banks”). 1 dramatically, with approximately $114.9 million and over 1,000 checks cycled through the 2 Account from May to October 2024.4 (Id.) This cycling involved transferring funds 3 between the Account and SCF accounts at Arizona Financial Credit Union and 1st Bank 4 Yuma. (Id.) 5 Starting in October 2024, Plaintiff alleges that Defendant Moore requested multiple 6 stop payments on checks deposited at other financial institutions shortly after depositing 7 checks drawn on those financial institutions into the Account at Southwest Heritage Bank. 8 (Id.) Plaintiff asserts that such activity resembles a check kiting scheme. (Id.) 9 “From October 16, 2024, onward, the Account maintained a significant negative 10 balance, despite repeated promises by SCF to deposit funds.” (Id.) By November 27, 2024, 11 the Account’s negative balance totaled –$703,845.42. See (id.); see also (doc. 52 at 7.) On 12 the same day, Plaintiff allegedly sent letters to Defendants Coury, Moore, and SCF 13 notifying them of the account’s negative balance and requested payment. (Doc. 1 at 4.) 14 II. Procedural Background. 15 Plaintiff initiated this action on January 1, 2025, when it filed its ten-page 16 Complaint. (Id. at 4–8.) The Complaint is composed of seven counts—all of which apply 17 to Defendant Moore. (Id.) Those counts are: (1) a bank fraud claim under 12 U.S.C. §§ 18 1833a, 1344; (2) a Racketeer Influenced and Corrupt Organizations (“RICO”) claim under 19 18 U.S.C. §§ 1962, 1964(c); (3) an Arizona RICO claim under A.R.S. §§ 13-2314.04, 13- 20 2312(A); (4) a conversion claim; (5) a fraud claim; (6) a negligent misrepresentation claim; 21 and (7) an unjust enrichment claim. (Id.) All counts are either fraud claims or are grounded 22 in fraud. See (id.) All seven counts are “[a]gainst [a]ll Defendants.” (Id.) Plaintiff did not 23 differentiate their allegations amongst the Defendants, nor identify the role each Defendant 24 played beyond averring that Defendant Moore cycled checks through Southwest Heritage 25 Bank, First Bank Yuma, and Arizona Financial Credit Union. See (id. at 3–8.) 26 Service was subsequently executed on Defendants SCF, Moore, Steven C. Coury,

27 4 Plaintiff provides an example of $1,708,624 in checks from notices and chargeback notices. See (doc. 52 at 10–59.) However, Plaintiff: (1) does not assert whether all of the 28 checks related to the overdrawn balance; (2) filed these exhibits after two requests for supplemental briefing; and (3) did not attach any of these checks to its ten-page Complaint. 1 and Julie Ann Coury. See (docs. 6–9.) Service was returned unexecuted for Defendant Jane 2 Doe Moore. See (doc. 10.) 3 Although four of the Defendants were served, they did not timely answer, resulting 4 in Plaintiff filing an application for default. See (doc. 11.) On February 5, 2025, the Clerk 5 of Court entered default against all Defendants. See (doc. 13.) On February 6, 2025, 6 Defendants Steven C. Coury and SCF filed a late answer. See (docs. 14, 15.) On February 7 13, 2025, they filed a motion to set aside default. (Doc. 23.) Noting the dispositive nature 8 of the motion, and the fact that not all parties had consented to the jurisdiction of the 9 Magistrate Judge, this Court filed a Report and Recommendation to Senior United States 10 District Judge Stephen M.

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Bluebook (online)
Southwest Heritage Bank v. Steven C Coury, et al., Counsel Stack Legal Research, https://law.counselstack.com/opinion/southwest-heritage-bank-v-steven-c-coury-et-al-azd-2026.