JOSE L. LINARES, District Judge.
This matter comes before the Court by way of two motions for reconsideration of this Court's opinions and orders dismissing all claims against certain Defendants in the above-captioned matter with prejudice. Specifically, Plaintiffs seek reconsideration of this Court's July 25, 2016 order and opinion granting Defendant Bank of America's motion to dismiss. (ECF No. 553-14). Plaintiffs also seek reconsideration of this Court's August 10, 2016 opinion and order granting motions for summary judgment in favor of Defendants Citigroup, Inc. ("Citigroup") and Argent Mortgage Company, LLC ("Argent"). (ECF No. 561). All Defendants have opposed Plaintiffs' motions, and Plaintiffs have replied to same. The Court has reviewed all papers filed in support of and in opposition to the pending motions, and decides this matter without oral argument pursuant to Federal Rule of Civil Procedure 72. For the reasons stated herein Plaintiffs' motions for reconsideration (ECF Nos. 553, 561) are denied.
The facts of this action have been described at great length in a number of opinions issued by this Court, including in the two opinions from which Plaintiffs seek reconsideration. As such, and in the interest of judicial economy, the Court refers the parties to those opinions for a factual background.
"[R]econsideration is an extraordinary remedy that is granted `very sparingly." L. Civ. R. 7.1(1) cmt. 6(d) (quoting Brackett v. Ashcroft, Civ. No. 03-3988, 2003 WL 22303078, *2 (D.N.J. Oct. 7, 2003) (Martini, J.)); see also Fellenz v. Lombard Investment Corp., 400 F.Supp.2d 681, 683 (D.N.J. 2005) (Thompson, J.). A motion for reconsideration "may not be used to re-litigate old matters, nor to raise arguments or present evidence that could have been raised prior to the entry of judgment." P. Schoenfeld Asset Mgmt., LLC v. Cendant Corp., 161 f.Supp.2d 349, 352 (D.N.J. 2001) (Walls, J.). To prevail on a motion for reconsideration, the moving party must "set[ ] forth concisely the matter or controlling decisions which the party believes the Judge or Magistrate Judge has overlooked." L. Civ. R. 7.1(i).
The Court will reconsider a prior order only where a different outcome is justified by: "(1) an intervening change in controlling law; (2) the availability of new evidence not previously available; or (3) the need to correct a clear error of law or prevent manifest injustice. N. River Ins. Co. v. CIGNA Reinsttrance, Co., 52 F.3d 1194, 121$ (3d Cir. 1995) (internal quotations omitted). A court commits clear error of law "only if the record cannot support the findings that led to the ruling." ABS Brokerage Sen's. v. Penson fin. Servs., Inc., No. 09-4590, 2010 WL 3257992, at *6 (D.N.J. Aug.16, 2010) (citing United States v. Grape, 549 F.3d 591, 603-04 (3d Cir. 200$) "Thus, a party must . . . demonstrate that (1) the holdings on which it bases its request were without support in the record, or (2) would result in `manifest injustice' if not addressed." Id. "Mere `disagreement with the Court's decision' does not suffice." Id. (quoting P. Schoenfeld, 161 F.Supp.2d at 353). Moreover, when the assertion is that the Court overlooked something, the Court must have overlooked some dispositive factual or legal matter that was presented to it. See L. Civ. R. 7.1(i).
Plaintiffs now argue that their motions for reconsideration should be granted based upon the availability of newly discovered facts. (ECF No. 553-14, at 6; ECF No. 561-14, at 3). According to Plaintiffs, these critical facts stem from communications between themselves and Ocwen that occurred in July 2016. As, in typical fashion, Plaintiffs have included an excess of factual material in support of their motions, the Court declines to parse through this material to determine which particular information Plaintiffs deem most relevant. To that end, the following are the factual allegations pertaining to the July 2016 communications that Plaintiffs argue compel reconsideration of this Court's July 25
Plaintiffs identify the new evidence that they deem relevant to the allegations against Bank of America, as follows:
(ECF No. 553-14 at 6-8).
With respect to Plaintiffs' motion as to Defendants Argent and Citigroup, Plaintiffs explain the newly discovered evidence as follows:
(ECF No. 561-14 at 5) (emphasis in original).
Plaintiffs principally argue that this "new evidence" renders the Fourth Amended Complaint ("FAC") "obsolete." (ECF No. 553-14 at 11). Plaintiffs therefore appear to argue that they should be granted permission to file yet another amended pleading that incorporates evidence identified after the filing of the FAC. (See Id. at 14-17). The Court will not address this argument, as the Court already considered and rejected this request in its July 25, 2016 Opinion. (See ECF No. 548 at 6, n.3).
Even if the Court were to grant Plaintiffs permission to file an amended pleading in what is now the eleventh year of litigation, Plaintiffs have not explained how the incorporation of the new evidence would cure the numerous factual and legal deficiencies that this Court identified in granting Bank of America's motion to dismiss and Argent and Citigroup's motions for summary judgment.
For example, the Court dismissed Plaintiffs' fraud claim as against Bank of America because the FAC failed to "identifiy] even a single misrepresentation made to them by Bank of America" and failed to alleged fraud with the degree of particularity required by Federal Rule of Civil Procedure 9(b). (ECF No. 548 at 7-8). Likewise, the Court granted summary judgment in favor of Argent and Citigroup on Plaintiffs' fraud claim based upon Plaintiffs' sworn testimony that neither Argent nor Citigroup made any misrepresentation to Plaintiffs. (ECF No. 554 at 7-10). Plaintiffs have not explained how the July 2016 evidence would cure these deficiencies as to any of the Defendants.
Moreover, Plaintiffs have not argued that the evidence identified in connection with their pending motions is responsive to any of the remaining claims that the Court found to be unsupported in law and in fact. That is, they have not argued: (1) that the evidence supports that Bank of America, Argent or Citigroup received kickbacks that would substantiate Plaintiffs' RESPA claims (see ECF No. 548, at 8; ECF No. 554, at 13); (2) that Plaintiffs' TILA and HOEPA claims are not time-barred as to these particular Defendants (see ECF No. 548, at 11; ECF No. 554 at 15-18), or; (3) that Bank of America, Argent, or Citigroup falsely placed Plaintiffs in default thereby breaching any contract between Plaintiffs and any of those Defendants (see ECF No. 548, at 11-12; ECF No. 554 at 22). In other words, Plaintiffs have failed to convince the Court that the evidence they identified as new and critical to their claims warrants reconsideration of the Court's opinions and orders dismissing Defendants Bank of America, Argent and Citigroup. Plaintiffs' motions for reconsideration are, therefore, denied.
For the reasons stated herein, Plaintiffs' motion for reconsideration of this Court's Orders and Opinions dismissing with prejudice all claims against Defendants Bank of America, Argent, and Citigroup are hereby denied. An appropriate Order follows.
IT IS SO ORDERED.