Juarez

Juarez v. Social Finance, Inc.

Good Law
United States District Court, Northern District of CaliforniaApril 12, 20214:20-cv-03386California6,462 words

Opinion

Trial Court Opinion

UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF CALIFORNIA 6 RUBEN JUAREZ, et al., Case No. 20-cv-03386-HSG Plaintiffs, ORDER DENYING MOTION TO

COMPEL ARBITRATION AND

v. GRANTING IN PART AND DENYING

IN PART MOTION TO DISMISS

SOCIAL FINANCE, INC., et al., Re: Dkt. No. 38 Defendants. 12 Pending before the Court is the motion to compel arbitration and motion to dismiss filed by the Defendants Social Finance Inc. and Social Finance Lending Corp (collectively, “SoFi”). Dkt. No. 38. The Court held a hearing on December 3, 2020. For the reasons detailed below, the Court DENIES the motion to compel and GRANTS IN PART and DENIES IN PART the motion to dismiss. I. BACKGROUND Plaintiffs Ruben Juarez and Calin Constantin Segarceanu filed this putative class action against SoFi on May 19, 2020. See Dkt. No. 1. In July 2020, Plaintiffs filed an amended complaint. See Dkt. No. 33 (“FAC”). In the amended complaint, Plaintiffs allege that SoFi denied their attempts to apply…

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