DeLorenzo v. Federal Deposit Insurance Corporation

MEMORANDUM

TENNEY, District Judge.

Defendant moves herein for an order of this Court dismissing this action on the ground that jurisdiction is lacking because the amount in controversy does not exceed ten thousand dollars ($10,000.00) exclusive of interest and costs. Plaintiffs’ amended complaint sets forth five claims for relief. 1 The allegations of these are as follows:

Plaintiffs, all of whom deposited money in the San Francisco National Bank (hereinafter referred to as the “Bank”), seek to recover the insured amounts of their deposits from defendant. Plaintiffs and those for whom they sue…