Legendary Transport, LLC v. JPMorgan Chase & Co.

Good Law
United States District Court, Central District of CaliforniaApril 24, 20202:20-cv-03636California1,958 words

Opinion

Trial Court Opinion

O

44 55 66

United States District Court Central District of California

1100

1111 LEGENDARY TRANSPORT, LLC, Case No. 2:20-cv-03636-ODW (GJSx)

1122 Plaintiff, ORDER DENYING APPLICATION 1133 v. FOR TEMPORARY RESTRAINING

ORDER AND PRELIMINARY

1144 JPMORGAN CHASE & CO. et al., INJUNCTION [17]

1155 Defendants. 1166 1177 I. INTRODUCTION & BACKGROUND 1188 On April 20, 2020, Plaintiff Legendary Transport, LLC’s (“Legendary”) 1199 initiated this putative nationwide class action against Defendants JPMorgan Chase & 2200 Co, JPMorgan Chase Bank, N.A. (collectively, “Chase”), Bank of America, N.A. 2211 (“BOA”), Wells Fargo Bank, N.A. (“Wells Fargo”), and Citibank, N.A. (“Citibank”) 2222 (all defendants collectively are “Defendants”). (See Compl., ECF No. 1.) Legendary 2233 asserts claims arising out of Defendants’ alleged lending practices associated with the 2244 Paycheck Protection Program-portion (“PPP”) of the Coronavirus Aid, Relief, and 2255 Economic Security Act (the CARES Act). (See Compl. ¶¶ 1–18.) 2266 Legendary …

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