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Motion For Summary

Date
2026-05-21

Summary

Defendant Bank of America, N.A.'s Notice of New Evidence Concerning Class Members, filed May 19, 2026 as Document 723 in In re: Bank of America California Unemployment Benefits Litigation, Case No. 3:21-md-02992-GPC-MSB, in the U.S. District Court for the Southern District of California. The notice states it is relevant to BANA's pending Motion for Partial Summary Judgment (ECF 589-1), its Motion to Exclude Greg Regan (ECF 567-1), and the Court's class certification order (ECF 494). It recounts that the Court certified five classes on June 16, 2025 and that BANA filed its motions on October 17, 2025. BANA argues that information from the Department of Labor Office of Inspector General, described in a declaration attached as Exhibit 1, shows the classes include claimants who engaged in UI benefits fraud, and states it intends to seek decertification. It was filed provisionally under seal.

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            Case 3:21-md-02992-GPC-MSB              Document 723      Filed 05/19/26   PageID.60303   Page
                                                          1 of 7


                      1   JAMES W. MCGARRY (pro hac vice)
                          JMcGarry@goodwinlaw.com
                      2   GOODWIN PROCTER LLP
                      3   100 Northern Avenue
                          Boston, MA 02210
                      4   Tel.: +1 617 570 1000
                          Fax: +1 617 523 1231
                      5
                          SABRINA M. ROSE-SMITH (pro hac vice)
                      6   SRoseSmith@goodwinlaw.com
                      7   MATTHEW L. RIFFEE (pro hac vice)
                          MRiffee@goodwinlaw.com
                      8   GOODWIN PROCTER LLP
                          1900 N Street, NW
                      9   Washington, DC 20036
                  10      Tel.: +1 202 346 4000
                          Fax: +1 202 346 4444
                  11
                          Attorneys for Defendant
                  12      BANK OF AMERICA, N.A.
                  13      [ADDITIONAL COUNSEL LISTED IN SIGNATURE BLOCK]
                  14
                                               UNITED STATES DISTRICT COURT
                  15
                                       FOR THE SOUTHERN DISTRICT OF CALIFORNIA
                  16
                                                       SAN DIEGO DIVISION
                  17
                  18      IN RE: BANK OF AMERICA                     Case No. 21-MD-02992-GPC-MSB
                          CALIFORNIA UNEMPLOYMENT
                  19      BENEFITS LITIGATION                        DEFENDANT BANK OF AMERICA,
                                                                     N.A.’S NOTICE OF NEW EVIDENCE
                  20                                                 CONCERNING CLASS MEMBERS
                                                                     RELEVANT TO ITS PENDING
                  21                                                 MOTION FOR SUMMARY
                                                                     JUDGMENT, ITS MOTION TO
                  22                                                 EXCLUDE EXPERTS, AND THE
                  23                                                 CERTIFICATION OF THE CLASSES
                  24                                                 Date:      May 21, 2026
                                                                     Time:      1:30 p.m.
                  25                                                 Ctrm:      12A – 12th Floor
                                                                     Judge:     Hon. Gonzalo P. Curiel
                  26
                                                                     FILED PROVISIONALLY UNDER SEAL
                  27                                                 PURSUANT TO STIPULATED PROTECTIVE
                                                                     ORDER
                  28
GOODWIN PROCTER LLP
   ATTORNEYS AT LAW

                          DEF.’S NOTICE OF NEW EVIDENCE RE CLASSES              CASE NO. 3:21-MD-02992-GPC-MSB
            Case 3:21-md-02992-GPC-MSB              Document 723     Filed 05/19/26   PageID.60304     Page
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                      1                                DEFENDANT’S NOTICE
                      2          Defendant Bank of America, N.A. (“BANA”) files this notice of a
                      3   development relevant to (1) BANA’s pending Motion for Partial Summary Judgment
                      4   (ECF 589-1, “BANA Partial MSJ”), (2) BANA’s pending Motion to Exclude Greg
                      5   Regan (ECF 567-1, “BANA MTE Regan”), and (3) the Court’s Opinion and Order
                      6   certifying the classes in the above captioned-matter (ECF 494, “Class Cert. Order”).
                      7          On June 16, 2025, the Court issued an opinion and order certifying five classes.
                      8   In certifying the classes, the Court held that BANA had not sufficiently demonstrated
                      9   with evidence that individual issues would predominate because its evidence only
                  10      “amount[ed] to a de minimis number of uninjured class members.” Class Cert Order
                  11      at 58-59. The Court further determined that “[t]here is no evidence that many
                  12      unearthed fraudulent claims will arise.” Id. at 57-58.
                  13             On October 17, 2025, BANA filed a motion for partial summary judgment and
                  14      motions to exclude five of Plaintiffs’ experts, including Plaintiffs’ damages expert
                  15      Greg Regan, who purports to calculate “actual damages” for class members under
                  16      the Electronic Funds Transfer Act (“EFTA”) and based on certain other claims. In its
                  17      motions, among other things, BANA argued that it should be granted summary
                  18      judgment and that Regan’s opinions should be excluded because they relied on
                  19      assumptions, rather than evidence, of actual harm—and particularly because
                  20      Plaintiffs’ and Regan’s damages models and calculations could not distinguish
                  21      between injured and uninjured cardholders (including those who obtained their
                  22      accounts through fraud), or show that BANA’s alleged actions resulted in any actual
                  23      harm (as required to recover actual damages under the EFTA). See, e.g., BANA
                  24      Partial MSJ at 21-22; BANA MTE Regan at 10-13; ECF 693 at 9-10; ECF 684 at 2-
                  25      3.
                  26             In support of those motions, BANA put forth evidence of the pervasive fraud
                  27      in the prepaid unemployment insurance (UI) programs, and particularly in the
                  28      prepaid UI program administered by the California Employment Development
GOODWIN PROCTER LLP
   ATTORNEYS AT LAW                                                  1
                          DEF.’S NOTICE OF NEW EVIDENCE RE CLASSES             CASE NO. 3:21-MD-02992-GPC-MSB
           Case 3:21-md-02992-GPC-MSB                Document 723    Filed 05/19/26   PageID.60305   Page
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                      1   Department (“EDD”) in 2020 and 2021. See, e.g., ECF 589-2 ¶¶ 46-51 (“BANA SUF
                      2   ISO Partial MSJ”). BANA has long argued that many of these fraudsters are included
                      3   in the certified classes. However, because BANA had no role in making eligibility
                      4   determinations and does not have access to UI claimants’ benefits applications or
                      5   eligibility information, BANA has not been able to determine how many or which
                      6   class members had engaged in UI benefits fraud (and therefore were uninjured). See,
                      7   e.g., id. ¶¶ 6, 9, 118, 129, 135.
                      8          Circumstances have changed considerably since then. The United States
                      9   Department of Labor Office of Inspector General (“DOL OIG”) has released
                 10       information confirming the worst of BANA’s suspicions: the classes are full of
                 11       fraudsters. As indicated in the Declaration of Jennifer Lennon (“Lennon Decl.”)
                 12       attached hereto as Exhibit 1,
                 13
                 14                                                                     . Lennon Decl. ¶¶ 6-9.
                 15              As stated in the 2022 DOL OIG Alert Memorandum (which was included in
                 16       BANA’s summary judgment filing), the DOL OIG has long suspected and has been
                 17       investigating significant fraud in the prepaid UI populations. See BANA SUF ISO
                 18       Partial MSJ ¶¶ 47-49; ECF 590; see also Lennon Decl. ¶¶ 4-7 & Ex. B.
                 19
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                 23
                 24                  . Lennon Decl. ¶¶ 5-6.
                 25                                                                                          .
                 26       Id. ¶ 9.
                 27
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GOODWIN PROCTER LLP
   ATTORNEYS AT LAW                                                  2
                          DEF.’S NOTICE OF NEW EVIDENCE RE CLASSES             CASE NO. 3:21-MD-02992-GPC-MSB
           Case 3:21-md-02992-GPC-MSB               Document 723          Filed 05/19/26       PageID.60306   Page
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                      1                                                       . Id. ¶¶ 9-10.
                      2          A public alert memorandum was issued about the DOL OIG’s investigation of
                      3           Prepaid Accounts on January 30, 2026. See id. ¶¶ 5-6 & Ex. A.
                      4
                      5
                      6
                      7                                      . Id. ¶ 6.
                      8          On May 8, 2026,
                      9
                 10                             . Id. ¶ 8.
                 11
                 12                                                                            . Id. ¶ 9.
                 13
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                 18                                                       .
                 19
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                 21                                                                   because EDD (and not BANA)
                 22       is in possession of UI benefits eligibility information, and is and was at all relevant
                 23       times responsible for making UI benefits eligibility determinations. Id. ¶ 10. As of
                 24       today’s date,
                 25                                                              . Id. ¶ 11.
                 26              BANA submits this Notice because it believes it is highly relevant to questions
                 27       at issue in its pending dispositive motion and motions to exclude Plaintiffs’ experts,
                 28       and to Plaintiffs’ ability to pursue claims and damages on behalf of the classes in this
GOODWIN PROCTER LLP
   ATTORNEYS AT LAW                                                       3
                          DEF.’S NOTICE OF NEW EVIDENCE RE CLASSES                  CASE NO. 3:21-MD-02992-GPC-MSB
           Case 3:21-md-02992-GPC-MSB              Document 723      Filed 05/19/26   PageID.60307    Page
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                      1   action. BANA further reserves its right to and intends to seek decertification of the
                      2   classes because they clearly contain a significant number of uninjured fraudsters.
                      3
                      4    Dated: May 19, 2026              Respectfully submitted,
                      5                                     By: s/ James W. McGarry
                                                                JAMES W. MCGARRY (pro hac vice)
                      6                                         JMcGarry@goodwinlaw.com
                      7                                         GOODWIN PROCTER LLP
                                                                100 Northern Avenue
                      8                                         Boston, MA 02210
                                                                Tel.: +1 617 570 1000
                      9                                         Fax: +1 617 523 1231
                 10
                                                                  MATTHEW L. RIFFEE (pro hac vice)
                 11                                               MRiffee@goodwinlaw.com
                                                                  SABRINA M. ROSE-SMITH (pro hac vice)
                 12                                               SRoseSmith@goodwinlaw.com
                                                                  KEITH LEVENBERG (pro hac vice)
                 13                                               KLevenberg@goodwinlaw.com
                 14                                               GOODWIN PROCTER LLP
                                                                  1900 N Street NW
                 15                                               Washington, DC 20036
                                                                  Tel: +1 202 346 4000
                 16                                               Fax: +1 202 346 4444
                 17
                                                                  LAURA G. BRYS (SBN 242100)
                 18                                               LBrys@goodwinlaw.com
                                                                  GOODWIN PROCTER LLP
                 19                                               601 S. Figueroa St., Suite 4100
                                                                  Los Angeles, CA 90017
                 20                                               Tel.: +1 213 426 2500
                 21                                               Fax: +1 617 346 4444

                 22                                               VALERIE A. HAGGANS (pro hac vice)
                                                                  VHaggans@goodwinlaw.com
                 23                                               LINDSAY E. HOYLE (pro hac vice)
                                                                  LHoyle@goodwinlaw.com
                 24                                               GOODWIN PROCTER LLP
                 25                                               620 Eighth Avenue
                                                                  New York, NY 10018
                 26                                               Tel: +1 212 813-8800
                                                                  Fax: +1 212 355-3333
                 27
                                                                  YVONNE W. CHAN (pro hac vice)
                 28                                               YChan@jonesday.com
GOODWIN PROCTER LLP
   ATTORNEYS AT LAW                                                 4
                          BANA’S NOTICE OF NEW EVIDENCE RE CLASSES             CASE NO. 3:21-MD-02992-GPC-MSB
           Case 3:21-md-02992-GPC-MSB             Document 723       Filed 05/19/26   PageID.60308   Page
                                                        6 of 7


                      1                                          JONES DAY
                                                                 100 High Street
                      2                                          Boston, MA 02110
                      3                                          Tel.: +1 617 960 3939
                                                                 Fax: +1 617 449 6999
                      4
                                                                 JANICE P. BROWN (SBN 114433)
                      5                                          jbrown@myersnave.com
                                                                 MATTHEW B. NAZARETH (SBN 278405)
                      6                                          mnazareth@myersnave.com
                      7                                          MEYERS NAVE
                                                                 600 B Street, Suite 1650
                      8                                          San Diego, CA 92101
                      9                                          Attorneys for Defendant
                                                                 BANK OF AMERICA, N.A.
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GOODWIN PROCTER LLP
   ATTORNEYS AT LAW                                                  5
                          BANA’S NOTICE OF NEW EVIDENCE RE CLASSES             CASE NO. 3:21-MD-02992-GPC-MSB
            Case 3:21-md-02992-GPC-MSB             Document 723      Filed 05/19/26   PageID.60309    Page
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                      1                            CERTIFICATE OF SERVICE
                      2         I hereby certify that I electronically filed the foregoing with the clerk of the
                      3   court for the United States District Court for the Southern District of California by
                      4   using the CM/ECF system on May 19, 2026. I further certify that all participants in
                      5   the case are registered CM/ECF users and that service will be accomplished by the
                      6   CM/ECF system. I certify under penalty of perjury that the foregoing is true and
                      7   correct.
                      8
                      9    Dated: May 19, 2026                                s/ James W. McGarry
                  10                                                         JAMES W. MCGARRY

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GOODWIN PROCTER LLP
   ATTORNEYS AT LAW                                                  6
                          BANA’S NOTICE OF NEW EVIDENCE RE CLASSES            CASE NO. 3:21-MD-02992-GPC-MSB


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