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DEAN CLASSIC CARS v. FIDELITY BANK

No. 2007 CA 0935.

978 So.2d 393 (2007)

DEAN CLASSIC CARS, L.L.C. and Bob G. Dean, Jr. v. FIDELITY BANK AND TRUST COMPANY, State of Louisiana Through the Department of Public Safety, Office of Motor Vehicles, and James E. Jordan, Jr.

Court of Appeal of Louisiana, First Circuit.

December 21, 2007.

Attorney(s) appearing for the Case

William D. Treeby, Samantha P. Griffin, New Orleans, LA, for Plaintiffs-Appellees, Dean Classic Cars, L.L.C. and Bob G. Dean, Jr.

James P. Doré, Amy D. Borret, Baton Rouge, LA, for Defendant-Appellant, Fidelity Bank and Trust Company.

Mark L. Ross, Lafayette, LA, for Intervenor-Appellant, Chubb Group of Insurance Cos.

James E. Jordan, Jr., Baton Rouge, LA, Defendant In Proper Person.

Before CARTER, C.J., PETTIGREW, and WELCH, JJ.

CARTER, C.J.

Plaintiffs, Bob G. Dean, Jr. and Dean Classic Cars, L.L.C., sought to recover losses sustained as a result of a former employee's fraudulent action of stealing multiple checks, forging plaintiffs' indorsements, and presenting the forged instruments for deposit into the employee's personal bank account. In the proceedings below, the trial court found in favor of plaintiffs, holding that the bank's action of depositing the forged checks constituted conversion...

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