BIS Investment, LLC v. Bank of America, N.A, No. 12-2452 (8th Cir. 2013)

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Court Description: Civil case. District court's finding that the action for negligence and other claims arising out of allegedly unauthorized access to accounts was time barred is affirmed without comment.

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United States Court of Appeals For the Eighth Circuit ___________________________ No. 12-2452 ___________________________ BIS Investment, LLC lllllllllllllllllllll Plaintiff - Appellant v. Bank of America, N.A. lllllllllllllllllllll Defendant - Appellee ____________ Appeal from United States District Court for the Eastern District of Missouri - St. Louis ____________ Submitted: February 21, 2013 Filed: February 22, 2013 [Unpublished] ____________ Before LOKEN, MELLOY, and BENTON, Circuit Judges. ____________ PER CURIAM. In this diversity action, BIS Investment, LLC (BIS) sued Bank of America (BOA) for negligence and other claims arising out of allegedly unauthorized withdrawals of BIS funds held in accounts at BOA in 2005. The district court1 granted BOA s motion to dismiss the action as time-barred under the applicable statute of limitations, and BIS appeals. For the reasons that the district court explained in its thorough opinion, we agree with the court that the action is time-barred. See Strawn v. Mo. State Bd. of Educ., 210 F.3d 954, 957 (8th Cir. 2000) (standard of review). In particular, we note, as the court explained, that it was entitled to take judicial notice of BIS s prior dismissed suits in deciding the Rule 12(b)(6) motion. See Levy v. Ohl, 477 F.3d 988, 991 (8th Cir. 2007). The complaint, together with the public records that the court was entitled to recognize, amply demonstrated that the instant action was filed well outside the expiration of Missouri s five-year statute of limitations, and that BIS was not entitled to avail itself of Missouri s savings statute. Accordingly, we affirm the judgment of the district court. See 8th Cir. R. 47B. ______________________________ 1 The Honorable Catherine D. Perry, Chief Judge, United States District Court for the Eastern District of Missouri. -2-

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