Photo: AVN Photo Lab/Shutterstock.com TD Bank Awarded Partial Summary Judgment in Wholesaler's Negligence Claim From CEO's $7.8M Embezzlement
"Taken as true, this evidence could establish that TD Bank did not follow its own procedures or other commercially reasonable standards in opening and maintaining the -5031 Account," Goldberg said.
December 21, 2022 at 01:02 PM
4 minute read
The question of a bank's responsibility when the CEO of one of its customers embezzles company funds entered Pennsylvania federal court last week.
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