Demitropoulos v. Bank One Milwaukee, N.A.

MEMORANDUM OPINION AND ORDER

CASTILLO, District Judge.

Plaintiff Bill Demitropoulos and his fellow class members claim that defendant Bank One owes them interest on security deposits paid under the Bank’s standard automobile lease agreement. In a nutshell, Demitropoulos contends that Article 9 of the Uniform Commercial Code requires the Bank to pay to him the fruits of the deposit, such as interest or profits from its use, at the lease’s end. Because the Bank failed to pass along this bounty, he claims, it violated the UCC.

Count I of the amended complaint is directed to both defendants and…