Guadagno

Guadagno v. E Trade Bank

Good Law
592 F. Supp. 2d 1263·2008 WL 5479062·2008 U.S. Dist. LEXIS 106486
United States District Court, Central District of CaliforniaDecember 29, 2008CV 08-03628 SJO (JCX)California4,118 words

Opinion

Opinion

Otero, J.

ORDER GRANTING IN PART DEFENDANT’S MOTION TO COMPEL ARBITRATION AND GRANTING IN PART DEFENDANT’S RULE 12(b)(6) MOTION TO DISMISS [Docket Nos. 18, 20]

This matter is before the Court on Defendant E*Trade Bank’s (“E "Trade”) Motion to Compel Arbitration and Rule 12(b)(6) Motion to Dismiss, both filed August 11, 2008. Plaintiff Maria Guadagno filed oppositions to both, to which E*Trade replied. The Court found these matters suitable for disposition without oral argument and vacated the hearings set for January 12, 2009. See Fed.R.Civ.P. 78(b). For the foregoing reasons, E’"Trade’s Motion to Compel Arbitration is GRANTED IN PART and E‘"Trade’s Motion to Dismiss is GRANTED IN PART.

I. BACKGROUND

Guadagno has an interest-earning account with E*Trade, a federally-chartered thrift and savings bank. (Compl. ¶¶ 6, 11.) She uses E*Trade’s online service to pay her bills, instructing E*Trade to withdraw money from her account and send it to her creditors or others in the form of checks or electronic payments. (Compl. ¶¶ 11-12.) Specifically, Guadagno directs E*Trade to begin processing a payment to a creditor on a “start date” three or more business days before the payment’s due date. {See…

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