Ferdowsi

IN THE UNITED STATES DISTRICT COURT FOR THE NORTHERN DISTRICT OF CALIFORNIA 6 ARASH FERDOWSI, et al., Case No. 24-cv-04644-MMC

Plaintiffs,

ORDER DISMISSING ACTION

v. WITHOUT PREJUDICE

JPMORGAN CHASE BANK, N.A., et al., Defendants.

12 The above-titled action consists of (1) plaintiffs Arash Ferdowsi and Arash Ferdowsi Revocable Trust's (collectively, "Ferdowsi") complaint against JPMorgan Chase Bank, N.A. ("Chase Bank") and the Federal Deposit Insurance Corporation ("FDIC"), as Receiver for First Republic Bank ("FDIC-R"), and (2) the FDIC-R's counterclaims against Ferdowsi. By order filed March 26, 2025 ("March 26 Order"), the Court directed the parties to show cause why said action should not be dismissed in its entirety for lack of subject matter jurisdiction. Now before the Court are the responses to the March 26 Order, filed by, respectively, Ferdowsi, Chase Bank, and the FDIC-R. Having read and considered the parties' responses, the Court rules as follows. As set forth in greater…