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State Supreme Court upholds bank negligence in St. Bernard School embezzlement

Published July 29. 2014 4:57PM
Updated July 30. 2014 1:48AM

By Karen Florin

TheDay-logo
Publication: theday.com

The state Supreme Court has upheld a 2012 jury finding that Bank of America’s negligence enabled a former St. Bernard School employee to embezzle more than $800,000 from the school between 2002 and 2006.

In rejecting the bank’s appeal, the Supreme Court, in an advance release opinion published Tuesday, found that the $823,776 jury award to the school “neither shocks the conscience of this court nor falls outside the limits of just damages.” Read More >>

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The Plaintiffs Practice Group at Brown Jacobson is an experienced legal team dedicated to protecting the rights of individuals who have been injured due to the negligence or wrongful conduct of another individual or organization.
 
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