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ARNDT v. FIRST INTERSTATE BANK OF UTAH, N.A.

No. 980080.

991 P.2d 584 (1999)

1999 UT 91

Jerome ARNDT, Anson Cone, John Donohue, Merlyn E. Eckelberg, Charles Felger, Kermit Fox, Robert Fulmer, William Greenough, Victor Li-Peleaz, John Richardson, Robert L. Rock, Plaintiffs and Appellants, v. FIRST INTERSTATE BANK OF UTAH, N.A., and John Does 1 through 500, Defendants and Appellees.

Supreme Court of Utah.

September 24, 1999.

Attorney(s) appearing for the Case

James E. Morton, Jacquelyn D. Carmichael, Jeffrey Robinson, E. Jay Sheen, Salt Lake City, for plaintiffs.

David J. Brown, Dana P. Veeder, Leslie C. McKnew, San Francisco, Andrew Stone, Salt Lake City, for defendants.

DURHAM, Associate Chief Justice:

¶ 1 Jerome Arndt and the other plaintiffs below (collectively "the plaintiffs") appeal an order and judgment granting the defendants' (collectively "First Interstate Bank of Utah, N.A." or the "Bank") motion for judgment on the pleadings. The trial court held that the plaintiffs' claims were derivative in nature and that the plaintiffs could not pursue such claims in their individual...

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