Case Conclusion Date: March 12, 2009
Practice Area: Banking
Outcome: Found for Defendant
Description: Plaintiff sued the bank alleging negligent misrepresentation, conversion, violations of G.L. ch. 93A and G.L. ch 106 sec 3-107. Trial court entered judgment for the plaintiff only on the first claim; plaintiff appealed. Appellate Court affirmed the judgment for the plaintiff on the negligent misrepresentation claim and reversed the judgment for the defendant on the conversion and 93A claims. Defendant appealed. SJC affirmed the trial court's judgment for the bank on conversion and statutory claims and its judgment for the plaintiff on the negligent misrepresentation claim.