Farooq v. Standard Chartered Bank

United States District Court
EASTERN DISTRICT OF TEXAS
SHERMAN DIVISION
TARIQ FAROOQ,
Plaintiff,
v.
STANDARD CHARTERED BANK,
Defendant.
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Civil Action No. 4:24-cv-00336
Judge Mazzant/Judge Davis
MEMORANDUM ADOPTING REPORT AND
RECOMMENDATION OF UNITED STATES MAGISTRATE JUDGE
Came on for consideration the report of the United States Magistrate Judge in this action,
this matter having been heretofore referred to the Magistrate Judge pursuant to 28 U.S.C. § 636.
On January 15, 2026, the Magistrate Judge entered a Report and Recommendation (Dkt. #25) that
Defendant Standard Chartered Bank’s Motion to Dismiss (Dkt. #3) be granted and Plaintiff Tariq
Farooq’s Motion for Leave to Amend (Dkt. #15) be denied. On January 29, 2026, Plaintiff filed
Objections (Dkt. #28) to the Report.
The Court has conducted a de novo review of the Objections and is of the opinion that the
findings and conclusions of the Magistrate Judge are correct, and the Objections are without merit
as to the ultimate findings of the Magistrate Judge. Accordingly, the Objections (Dkt. #28) are
OVERRULED and the Magistrate Judge’s Report is ADOPTED as the findings and conclusions
of the Court.
It is therefore ORDERED that Defendant Standard Chartered Bank’s Motion to Dismiss
(Dkt. #3) is hereby GRANTED and Plaintiff Farooq’s Motion for Leave to Amend (Dkt. #15) is
hereby DENIED.
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It is FURTHER ORDERED that Plaintiff Farooq’s claims against Defendant Standard
Chartered Bank are DISMISSED WITHOUT PREJUDICE.
All relief not previously granted is DENIED, and the Clerk is directed to CLOSE this
action.
IT IS SO ORDERED.
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