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GEOFFROY v. WASHINGTON MUT. BANK

No. 06 CV 1732 BEN (WMC).

484 F.Supp.2d 1115 (2007)

Renee P. GEOFFROY and Alice Mack, Plaintiffs, v. WASHINGTON MUTUAL BANK, Defendant.

United States District Court, S.D. California.

May 3, 2007.

Attorney(s) appearing for the Case

Joshua B. Swigart, Hyde & Swigart, San Diego, CA, for Plaintiffs.

Edward J. McNamara, Barbara A. Potashnick, Office of The General Counsel, Washington Mutual Bank, Chatsworth, CA, for Defendant.

ORDER DENYING DEFENDANT'S MOTION TO COMPEL ARBITRATION AND MOTION TO STAY

BENITEZ, District Judge.

I. INTRODUCTION

Plaintiffs are retirees who opened a joint consumer checking account at their local branch of Defendant Washington Mutual Bank. They deposited $80,000 in the account and went on a three-month vacation. Upon returning, they discovered the account had been drained dry and overdrawn by $20,000 by someone else. The bank took the position...

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