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MASSEY v. BANK OF AMERICA

Docket No. 36700.

56 Cal.App.3d 29 (1976)

128 Cal. Rptr. 144

GEORGE WILLIAM MASSEY, Plaintiff and Appellant, v. BANK OF AMERICA et al., Defendants and Respondents.

Court of Appeals of California, First District, Division Three.

March 5, 1976.

Attorney(s) appearing for the Case

COUNSEL

Petris & Vasil, David Daar, Florence Bernstein, Miller, Dorais & Wheat and Maddox & Miller for Plaintiff and Appellant.

Theodore Sachsman, Sullivan, Roche & Johnson, Theodore A. Kolb, Patrick J. Maloney, Pillsbury, Madison & Sutro, Noble K. Gregory, Gary H. Anderson, Michael H. Salinsky and Michael L. Tuft for Defendants and Respondents.

OPINION

DRAPER, P.J.

Complaint seeking recovery for a class and for the individual plaintiff was filed December 19, 1969. It alleged that Bank of America, as lender, had insured with Prudential Insurance Company the lives of its borrowers to assure payment of the loans. It asserted that borrowers had been charged premiums in excess of what was necessary to secure payment of their obligations to the bank, and that the bank had received...

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