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IVES v. RAMSDEN

No. 34446-7-II.

174 P.3d 1231 (2008)

Jerome C. IVES as Personal Representative of the Estate of G. Jerome Ives, Respondent/Cross-Appellant, v. David T. RAMSDEN and Michelle L. Ramsden and the marital community composed thereof, Appellant/Cross-Respondent.

Court of Appeals of Washington, Division 2.

January 2, 2008.

Attorney(s) appearing for the Case

Carl Jerome Carlson, Carlson & Dennett PS, Seattle, WA, for Respondent/Cross-Appellant.

Christopher Martin Constantine, of Counsel Inc PS, Tacoma, WA, for Appellant/Cross-Respondent.

QUINN-BRINTNALL, J.

¶ 1 David Ramsden, a registered securities broker, recommended that 75-year-old G. Jerome Ives buy investments that nearly depleted all of his liquid assets. Ramsden also induced Ives to personally loan Ramsden funds to purchase a home for a very low interest rate and then defaulted. Ives passed away and, on July 1, 1999, the Ives Estate sued Ramsden, alleging: (1) breach of fiduciary duty, (2) breach of the duty of good faith and fair dealing...

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