Claims Examples

IRA/Keogh Liability

≡ Stock dividends are received by a bank for a customer’s IRA account, but are not reinvested in a timely manner. This causes the customer to suffer a lower rate of return on the investment. The customer sues the bank, alleging negligence and breach of fiduciary duty.

≡ A bank is sued by a customer alleging that the proceeds from her IRA were distributed in error.