Wilson v Bodnar, et al, US District Court, Maine, 2010

Peter Clifford

Case Conclusion Date:January 1, 2010

Practice Area:Financial Markets And Services

Outcome:Court held Maine's statute of limitations for discovery of fraud had not expired.

Description:Elderly widow alleged that her longtime financial advisor had "churned" her account, in breach of his fiduciary duties. Relationship ended more than six years previously but the alleged fraud was discovered before expiration of statute of limitations. Decision in favor of widow.

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