Updates to our Terms of Use

We are updating our Terms of Use. Please carefully review the updated Terms before proceeding to our website.

Monday, May 20, 2024 | Back issues
Courthouse News Service Courthouse News Service

Attorney Can’t Recover Stolen Money From Banks

LOS ANGELES (CN) - An attorney whose former officer manager stole clients' money from bank accounts she opened in the attorney's name by forging his signature cannot sue the banks to recover the stolen funds, a California appeals court ruled.

The 2nd District Court of Appeals dismissed attorney Stephen Rodriguez's cross-complaint against Bank of the West and Union Bank of California for the $140,000 in client funds that Evelyn Oberhuber funneled into bank accounts under his name. The court ruled that the banks had contracts with Oberhuber, and not Rodriguez, so they owed him no duty of care.

Categories / Uncategorized

Subscribe to Closing Arguments

Sign up for new weekly newsletter Closing Arguments to get the latest about ongoing trials, major litigation and hot cases and rulings in courthouses around the U.S. and the world.