Venture General Agency, LLC v. Wells Fargo Bank, N.A.

1 2 3 4 UNITED STATES DISTRICT COURT 5 NORTHERN DISTRICT OF CALIFORNIA 6 7 VENTURE GENERAL AGENCY, LLC, et Case No. 19-cv-02778-TSH al., 8 Plaintiffs, ORDER RE: MOTION TO DISMISS 9 v. Re: Dkt. No. 19 10 WELLS FARGO BANK, N.A., et al., 11 Defendants. 12 13 I. INTRODUCTION 14 Plaintiffs Venture General Agency, LLC and Old American County Mutual Fire Insurance 15 Co. bring a negligence claim against Defendant Wells Fargo Bank, N.A. after a third party 16 fraudulently induced Venture to transfer $1,708,112.86 into an account held by the third party at 17 Wells Fargo. Pending before the Court is Wells Fargo’s Motion to Dismiss pursuant to Federal 18 Rule of Civil Procedure 12(b)(6). ECF No. 19. Plaintiffs filed an Opposition (ECF No. 20) and 19 Defendant filed a Reply (ECF No. 21). The Court finds this matter suitable for disposition 20 without oral argument and VACATES the October 17, 2019 hearing. See Civ. L.R. 7-1(b). 21 Having considered the parties’ positions and the relevant legal authority, the Court GRANTS 22 Wells Fargo’s motion for the…