Shaji Mohandas v. Wells Fargo Bank, N.A.
Opinion
Trial Court Opinion
I. Introduction
On December 8, 2020, Shaji Mohandas (“Mohandas”) and Lekha Shaji (“Shaji”)1 (collectively, “Plaintiffs”) brought this action in the Los Angeles County Superior Court against Wells Fargo & Co. (“Wells Fargo”) and Quality Loan Services Corporation (“Quality Loan Services”). Dkt. 1. On March 30, 2021, Plaintiffs filed a First Amended Complaint (“FAC”) which removed Wells Fargo and Quality Loan Services Corporation as defendants, and added Wells Fargo Bank, N.A. (“Defendant” or “Wells Fargo Bank”), making it the only defendant. Id. Defendant removed the action on April 19, 2021 based on diversity of citizenship. Id. at 1.
Plaintiffs’ claims, which include breach of contract, wrongful foreclosure and unjust enrichment, arise from Defendant’s foreclosure on Plaintiffs’ residential property that was secured by a loan originating with World Savings Bank, FSB (“World Savings Bank”). See id. On April 26, 2021, Defendant filed a motion to dismiss all claims for failure to state a claim (the “Motion to Dismiss the FAC”). Dkt. 8. An opposition to the Motion to Dismiss the FAC was filed on May 17, 2021. Dkt. 12. A reply was filed on May 28, 2021. Dkt. 14.