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SUN BANK, N.A. v. E.F. HUTTON & CO., INC.

No. 89-3718.

926 F.2d 1030 (1991)

SUN BANK, N.A., Plaintiff-Appellee, v. E.F. HUTTON & COMPANY, INC., n/k/a Shearson Lehman Hutton, Inc., Richard Bunstein, Defendants-Appellants.

United States Court of Appeals, Eleventh Circuit.

March 15, 1991.

Attorney(s) appearing for the Case

John H. Pelzer, Ruden, Barnett, McClosky, Smith, Schuster & Russell, P.A., Fort Lauderdale, Fla., for E.F. Hutton.

Keith C. Long, Augustus F. Wagner, Jr., Nutter, McClennan & Fish, Hyannis, Mass., for Bunstein.

Joseph E. Foster, Margaret W. Hull, Akerman, Senterfitt & Eidson, Orlando, Fla., for Sun Bank.

Before CLARK and COX, Circuit Judges, and TUTTLE, Senior Circuit Judge.

COX, Circuit Judge:

This case is an appeal by E.F. Hutton and one of its employees, Richard Bunstein, of the district court's decision, following a bench trial, that they are liable for fraudulent representations made to Sun Bank relative to the creditworthiness of one of Hutton's clients, Gary Stevens. The trial court found that Bunstein intentionally misrepresented to Sun Bank the size and nature of Stevens's Hutton accounts, and that Sun Bank had relied on those...

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