Search results
Order by most recent / most popular / relevance
Results: 1-1 of 1
Court of Appeals ruling may broaden bank liability for unauthorized internet funds transfers
- Davis Wright Tremaine LLP
- -
- USA
- -
- July 16 2012
On July 3, the U.S. Court of Appeals for the First Circuit overturned a district court ruling and allowed a lawsuit by Patco Construction Co. (“Patco”) to proceed against Peoples United Bank (the “Bank”) over $345,000 that was stolen from Patco’s bank accounts through internet fraud in 2009
