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CITY BANK OF ALABAMA v. ESKRIDGE

86-992.

521 So.2d 931 (1988)

CITY BANK OF ALABAMA and Guy Sutterer v. Robert ESKRIDGE.

Supreme Court of Alabama.

February 5, 1988.

Attorney(s) appearing for the Case

Julie B. DiVito, Birmingham, for appellant.

David Cromwell Johnson and Leila Hirayama, Birmingham, for appellee.

JONES, Justice.

This is an appeal from a judgment based on a jury verdict awarding Robert Eskridge $1,138.98 in compensatory damages and $62,500 in punitive damages against City Bank of Alabama (now Bank of Alabama) and Guy Sutterer for fraud regarding Eskridge's withdrawal of a certificate of deposit (CD).

In January 1984, Robert Eskridge purchased a three-year CD for $44,000 from City Bank; he concurrently opened a checking account at the bank, to which...

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