Estate Administrator Files Suit Against Goldman Sachs Over $270,510 Marcus Account

Stephen Kemp filed a federal complaint on February 18, 2026 accusing Goldman Sachs & Co., LLC of refusing to return approximately $270,510 held in a Marcus by Goldman Sachs account after the account holder's death in December 2024. Kemp brought the action in his capacity as administrator of the Estate of Terry Abrams in the U.S. District Court for the Northern District of Georgia, case number 1:26-cv-00937.

The complaint was filed at 11:50 AM on February 18 with a $405 filing fee and receipt number AGANDC-15015359. The filing includes a request for a preliminary injunction and a jury demand. An electronic summons for Goldman Sachs & Co., LLC issued at 11:51 AM the same day, and a standing order signed by Judge J. P. Boulee appears on the docket at 3:35 PM on February 18. The court entered an Order to Show Cause on February 19 at 2:23 PM, and the docket was last updated February 20, 2026 at 11:59 PM Eastern.

Kemp is represented by FGP Law LLC, with attorney Frank G. Podesta listed on the Pacermonitor docket entry. The complaint names Goldman Sachs & Co., LLC as a foreign corporation incorporated under the laws of New York with its principal place of business in New York. The complaint alleges state-law claims for conversion and unjust enrichment on behalf of the Estate of Terry Abrams; the plaintiff asserts diversity jurisdiction under 28 U.S.C. § 1332 by alleging Kemp and Abrams were citizens of Georgia and Goldman Sachs is a New York corporation.

The filings on the federal docket list the nature of suit as 360 Torts - Personal Injury - Other and the cause as 28:1332 Diversity-Product Liability. Those docket classification labels differ from the Complaint’s stated causes of action, which are conversion and unjust enrichment. The complaint itself and the Pacermonitor entries identify the estate administrator, the estate name, and the two state-law claims.

As of the February 20 docket update, no counsel for the defendant is listed and no responsive pleading appears on the docket. The complaint package attached a civil cover sheet and has been docketed as Document 1 in the court file referenced in the Order to Show Cause. The complaint’s inclusion of a preliminary injunction and jury demand signals Kemp is seeking immediate relief tied to the alleged refusal to release the approximately $270,510 held in the Marcus account.

The case will progress through standard federal procedures in the Northern District of Georgia under Judge J. P. Boulee; subsequent docket entries should show whether Goldman Sachs files a response, appears through counsel, or seeks to contest the jurisdictional or factual assertions in Kemp’s complaint.