Sterling Select II Advisory LLC v. Argus Information and Advisory Services, LLC

CourtDistrict Court, S.D. New York
DecidedFebruary 19, 2025
Docket1:23-cv-02939
StatusUnknown

This text of Sterling Select II Advisory LLC v. Argus Information and Advisory Services, LLC (Sterling Select II Advisory LLC v. Argus Information and Advisory Services, LLC) 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
Sterling Select II Advisory LLC v. Argus Information and Advisory Services, LLC, (S.D.N.Y. 2025).

Opinion

UNITED STATES DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK ---------------------------------------------------------------------- X : STERLING SELECT II ADVISORY, LLC, : : Plaintiff, : : 23 Civ. 2939 (JPC) -v- : : OPINION AND ORDER ARGUS INFORMATION & ADVISORY : SERVICES, LLC and ARGUS INFORMATION : & ADVISORY, INC, : : Defendants. : : ---------------------------------------------------------------------- X

JOHN P. CRONAN, United States District Judge: Congress’s grant of power to hear suits between citizens of different states is a cornerstone of the civil justice system, guaranteeing a federal forum in significant interstate disputes. So when a party is accused of seeking to evade the reach of diversity jurisdiction through clever procedural maneuvering, a federal court must scrutinize its moves closely. Under that approach, a post- removal bid to add non-diverse parties to a case will not be allowed unless the request would serve the ends of fundamental fairness and justice. This case began in state court as a commercial dispute between two companies, Sterling Select II Advisory, LLC (“Select”) and Argus Information & Advisory, Inc. (“Argus”), both of which appeared, based on the state court complaint, to be citizens of New York. So after Argus removed the suit to this Court based on diversity jurisdiction, Select unsurprisingly moved to remand on the ground that complete diversity of citizenship was lacking. But Argus opposed that motion and backed its opposition up with evidence suggesting that it was actually a citizen of Illinois and Delaware—not New York. In response, Select asked the Court for permission to file an amended complaint, which would add five more defendants to this case. As to three of those proposed defendants, however, Select’s request is mostly driven by a desire to escape the Court’s diversity jurisdiction and is therefore improper. But at the same time, it is too early to consider whether the remaining claims

it seeks to bring would be futile. Accordingly, the Court denies Select’s motion to amend as to the three proposed non-diverse defendants and otherwise grants the motion. I. Background Select filed this action in the New York State Supreme Court, New York County, on March 8, 2023, naming Argus as a Defendant.1 Dkt. 1-1 (“Original Complaint” or “Compl.”). Select’s ten-count Original Complaint asserts claims against Argus for breach of contract (Counts One through Five), breach of the implied covenant of good faith and fair dealing (Count Six), gross negligence (Count Seven), fraudulent inducement (Counts Eight and Nine), and tortious interference with prospective business advantage (Count Ten). Id. ¶¶ 244-318. Select principally seeks millions of dollars in compensatory and punitive damages. Id. at 59-60.

In a nutshell, Select’s Original Complaint alleges that Argus failed to live up to its obligations under a joint venture between the parties to develop and market consumer analytics software while simultaneously diverting business opportunities away from the venture and toward third parties with whom Argus had a more favorable relationship. Id. ¶¶ 1-2. Those third parties include The Nielsen Company (US), LLC (“Nielsen”), Commerce Signals, Inc. (“Commerce Signals”), and nRich Data, LLC, d/b/a Predict Analytics (“Predict”). Id.; see also PAC ¶ 1.

1 Select also named Argus Information & Advisory Services, LLC (“Argus LLC”) as a Defendant. But in December 2020, Argus LLC merged into Argus and therefore no longer existed as a separate entity at the time Select filed this action. Dkt. 41 (“Proposed Amended Complaint” or “PAC”) ¶¶ 30-32. Select’s Original Complaint also alleges the involvement of Verisk Analytics, Inc. (“Verisk”), which owned Argus prior to April 2022, and TransUnion, Inc. (“TransUnion”), which acquired Argus from Verisk in April 2022. Compl. ¶ 11. But despite featuring prominently throughout its allegations, Select did not name Nielsen, Commerce Signals, Predict, Verisk, or TransUnion as

Defendants in the Original Complaint. See id. ¶¶ 6-14. On April 7, 2023, Argus removed Select’s Original Complaint to federal court. Dkt. 1. Argus’s removal petition sought to invoke the Court’s diversity jurisdiction, alleging that Select is a citizen of New York and that Argus is a citizen of Delaware and Illinois. Id. ¶¶ 5-11; see 28 U.S.C. § 1332(a)(1). Select countered by moving to remand the case to state court on the ground that Argus was in fact a citizen of New York as well, thereby defeating complete diversity. Dkts. 12-13; see also Compl. ¶ 7 (“Upon information and belief, [Argus] was a New York limited liability company with its principal place of business in White Plains, New York.”). Argus opposed that motion, Dkt. 17, and attached an affidavit from Craig LaChapelle, the Vice-President of Market Development, Card & Banking at TransUnion, Dkt. 18. In his affidavit, Mr. LaChapelle

explained that as of the date the Original Complaint was filed, five of Argus’s nine corporate officers were based in Chicago, Illinois, and that none of the remaining four officers were based in White Plains, New York, as Select maintained. Id. ¶¶ 4-7. Select filed a reply brief in support of its remand motion two weeks later. Dkt. 20. On August 9, 2023, Select retained new counsel to represent it in this litigation. Dkt. 24. Then, on August 18, 2023, Select filed a pre-motion letter seeking leave to file an amended complaint. Dkt. 26. Select’s letter highlighted that one of the entities that Select intended to join, Nielsen, was a citizen of New York. Id. at 1. Select explained that joining Nielsen would “destroy diversity under the complete diversity rule,” necessitating a remand back to state court. Id. Select insisted that joinder of Nielsen was proper under Federal Rule of Civil Procedure 20(a)(2) and would serve the interests of justice. Id. at 1-2. At a court conference held on May 22, 2024, the Court, with the agreement of the parties, denied the pending motion to remand without prejudice and set a briefing schedule for Select’s anticipated motion to amend. See Dkt. 35; May 22, 2024

Minute Entry. Select filed its motion for leave to amend on June 19, 2024, Dkts. 37, 38 (“Motion”). Select’s Motion requests permission to file the Proposed Amended Complaint, which would add five new defendants: Nielsen, Commerce Signals, Predict, Verisk, and TransUnion. Motion at 2 & n.1.2 If accepted, the Proposed Amended Complaint would allege that three of those proposed defendants—Nielsen, Commerce Signals, and Predict—are citizens of New York.3 PAC ¶¶ 34- 36. In addition to adding five new defendants, the Proposed Amended Complaint would add several new causes of action. Id. ¶¶ 274-408. On July 19, 2024, Argus opposed Select’s Motion on the ground that the proposed joinder of Nielsen, Commerce Signals, and Predict is an impermissible attempt to defeat diversity

jurisdiction, and that Select’s proposed claims against Verisk and TransUnion (as well as certain other proposed claims) are futile. Dkt. 43 (“Opposition”). Select filed a reply two weeks later. Dkt. 45 (“Reply”).

2 Citations to Select’s Motion, which lacks its own pagination, are to the page numbers generated by the ECF filing system. 3 The Court notes that, as drafted, the Proposed Amended Complaint fails to plausibly allege the citizenships of Nielsen and Predict, both LLCs, because it does not identify the respective citizenships of those entities’ members. See Bayerische Landesbank, N.Y. Branch v. Aladdin Cap. Mgmt. LLC, 692 F.3d 42, 49 (2d Cir. 2012) (“[A] limited liability company . . .

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Sterling Select II Advisory LLC v. Argus Information and Advisory Services, LLC, Counsel Stack Legal Research, https://law.counselstack.com/opinion/sterling-select-ii-advisory-llc-v-argus-information-and-advisory-services-nysd-2025.