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STANLEY v. MORGAN GUAR. TRUST CO. OF NEW YORK

173 A.D.2d 390 (1991)

Robert J. Stanley, Respondent, v. Morgan Guaranty Trust Company of New York, Defendant, and Dean Witter Reynolds, Inc., Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

May 28, 1991

Plaintiff's home was burglarized in 1983 and over $160,000 of Washington Public Power Supply System bearer bonds were stolen. Approximately three weeks later and on the same day, some of the bonds stolen were purchased and resold by Dean Witter. In September 1987 and, sometime in 1988, Dean Witter reacquired $80,000 of the same bonds. In April 1989, plaintiff commenced the instant action, alleging causes of action against Dean Witter...

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