Velocity Procurement, LLC v. Lennox International, Inc.

CourtDistrict Court, N.D. Texas
DecidedJune 5, 2026
Docket3:25-cv-02501
StatusUnknown

This text of Velocity Procurement, LLC v. Lennox International, Inc. (Velocity Procurement, LLC v. Lennox International, Inc.) is published on Counsel Stack Legal Research, covering District Court, N.D. Texas primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook
Velocity Procurement, LLC v. Lennox International, Inc., (N.D. Tex. 2026).

Opinion

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF TEXAS DALLAS DIVISION VELOCITY PROCUREMENT, LLC, § § Plaintiff-Counterdefendant, § § VS. § Civil Action No. 3:25-CV-2501-D § LENNOX INTERNATIONAL, INC., § § Defendant-Counterplaintiff, §

MEMORANDUM OPINION AND ORDER In this diversity action involving allegations of fraud, breach of contract, and related claims, defendant-counterplaintiff Lennox International, Inc. (“Lennox”) moves under Fed. R. Civ. P. 12(b)(6) and 9(b) to partially dismiss the claims of plaintiff-counterdefendant Velocity Procurement, LLC (“Velocity”), and Velocity moves to dismiss Lennox’s breach of contract counterclaim. For the reasons that follow, the court grants Lennox’s motion, denies Velocity’s motion, and grants Velocity leave to replead. I Velocity is a consulting firm that specializes in helping businesses cut procurement costs by, inter alia, reviewing existing contracts and negotiating more advantageous contracts with existing or new suppliers.1 Lennox is a manufacturer of air conditioners and other 1In deciding Lennox’s Rule 12(b)(6) motion, the court construes the complaint in the light most favorable to Velocity as the nonmovant, accepts as true all well-pleaded factual allegations, and draws all reasonable inferences in Velocity’s favor. See, e.g., Lovick v. Ritemoney Ltd., 378 F.3d 433, 437 (5th Cir. 2004). In deciding Velocity’s Rule 12(b)(6) motion, the court construes Lennox’s counterclaims in Lennox’s favor. climate control products. In December 2023 Lennox and Velocity began to discuss whether, and to what extent, Velocity could help Lennox save on its procurement costs. During these discussions, Lennox

represented that it anticipated that Velocity could address over $250 million in total spend. Velocity alleges that it relied on this representation, first, to determine that enough money was at stake to make the project economically viable, and, second, to set rates at an amount that would ensure an adequate return on Velocity’s labor and start-up costs.

Lennox and Velocity ultimately entered into a Master Services Agreement (“MSA”) and a Statement of Work #2 (“SOW”) (collectively, the “Agreement,” unless otherwise indicated) that contain the agreed-upon terms and conditions of the parties’ relationship.2 Relevant to Velocity’s claims, the MSA contains in ¶ 8 a “No Volume Commitment” that states that “Lennox may provide estimated volume or project duration for planning purposes

only. Lennox does not commit to any volume or project duration.” D. App. (ECF No. 23-1) at 4. The parties’ fee structure is set out in the SOW. Section 1.2.1 provides that Lennox and Velocity “identified a minimum of approximately $250 Million in addressable/source- able spend, which is detailed in Table 1.” Id. at 13. Under § 4.3.1, Velocity’s fee (referred

2The court is permitted to consider these documents, which are “attached to the motion to dismiss” and “central to the claim and referenced by the complaint.” Lone Star Fund V (U.S.), L.P. v. Barclays Bank PLC, 594 F.3d 383, 387 (5th Cir. 2010). - 2 - to as a “gainshare”) is set at 25% of the Savings3 Lennox obtains “during the first 12-month period of [a] new contract” that results from Velocity’s services. Id. at 17. In addition, § 4.3.1 provides that “[f]or the first twelve (12) months, for each $5 Million the annual

addressable spend is lower than the originally determined annual addressable spend of $250 million dollars, the Consultant Fee will increase by 0.25%, to be applied retroactively.” Id. Initially, Lennox paid Velocity its contracted-for fee for all of its completed projects. Eventually, however, Lennox chose not to pay for several projects. In addition, despite

having represented that Velocity would be able to address $250 million in total spend, Lennox only provided Velocity with $42,447,996 of addressable spend.4 Velocity maintains that, if Lennox had provided $250 million in addressable spend, Velocity would have earned a gainshare fee of at least $12,588,600—an amount far in excess of the amount Lennox actually paid.

3The SOW defines “Savings” as:

the net reduction in unit cost(s) from the Baseline established in the Sourcing Project Charter multiplied by forecasted usage plus reduction of any taxes, surcharges, and/or fees. The definition of Savings also includes without limitation, increased rebates, discount improvements, credits, refunds, other incentives, and payment terms savings (using 8% cost of capital), and discontinued use of unused and/or unneeded products or services identified by Consultant. D. App. (ECF No. 23-1) at 17. 4Lennox maintains that, pursuant to § 4.3.1 of the SOW, it paid Velocity a gainshare of 35.25% (not 25%) for those projects through which Velocity caused Lennox to achieve recognized savings. - 3 - Velocity then filed this lawsuit against Lennox. In its first amended complaint, which is the operative pleading, Velocity alleges claims for breach of contract based on non- payment of amounts owed, breach of contract based on failure to provide adequate total

spend, and fraud. Lennox counterclaims against Velocity for breach of contract, money had and received, and unjust enrichment. In support of its breach of contract counterclaim, Lennox alleges that Velocity violated the confidentiality provision in the MSA5 by filing on the

public docket a complaint that disclosed Lennox’s confidential information, including, inter alia, specific dollar figure information relating to Lennox’s spend on its pharmacy benefits manager, pallets, non-IT temporary labor, and welding and brazing services. Lennox moves to dismiss Velocity’s claims for fraud and for breach of contract relating to the $250 million in addressable spend. Velocity moves to dismiss Lennox’s

breach of contract counterclaim. Both motions are opposed, and the court is deciding them on the briefs, without oral argument. II The court first considers Lennox’s motion to dismiss, which requires the court to decide whether Velocity has plausibly alleged its claims for fraud and breach of contract

5In ¶ 15, the MSA provides that “[e]ach party will treat as confidential all information disclosed by the other party (‘Discloser’) at the time of disclosure (‘Confidential Information’),” and that “Recipient will protect Confidential Information from disclosure to others, using the same degree of care used to protect its own confidential information, but in no event less than a reasonable standard of care.” D. App. (ECF No. 23-1) at 8. - 4 - based on failure to provide adequate total spend. A “In deciding a Rule 12(b)(6) motion to dismiss, the court evaluates the sufficiency of

[the amended] complaint by ‘accept[ing] all well-pleaded facts as true, viewing them in the light most favorable to the plaintiff.’” Bramlett v. Med. Protective Co. of Fort Wayne, Ind., 855 F.Supp.2d 615, 618 (N.D. Tex. 2012) (Fitzwater, C.J.) (second alteration in original) (internal quotation marks omitted) (quoting In re Katrina Canal Breaches Litig., 495 F.3d

191, 205 (5th Cir. 2007)). To survive a Rule 12(b)(6) motion to dismiss, the plaintiff must plead “enough facts to state a claim to relief that is plausible on its face.” Bell Atl. Corp. v. Twombly, 550 U.S. 544, 570 (2007). “A claim has facial plausibility when the plaintiff pleads factual content that allows the court to draw the reasonable inference that the defendant is liable for the misconduct alleged.” Ashcroft v.

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Bluebook (online)
Velocity Procurement, LLC v. Lennox International, Inc., Counsel Stack Legal Research, https://law.counselstack.com/opinion/velocity-procurement-llc-v-lennox-international-inc-txnd-2026.