FINE v. SOVEREIGN BANK

Civil Action No. 06cv11450-NG.

671 F.Supp.2d 219 (2009)

David J. FINE, as he is Receiver of Bradford C. Bleidt and Allocation Plus Asset Management Co., et al., Plaintiffs, v. SOVEREIGN BANK, Defendant.

United States District Court, D. Massachusetts.

November 27, 2009.


Attorney(s) appearing for the Case

David J. Fine, Law Offices of David J. Fine, Boston, MA, pro se.

Melanie L. Oxhorn, New York, NY, Sylvia Katsenes, Newton, MA, for Plaintiffs.

Patrick T. Voke, Daniel J. Blake, LeClair Ryan, P.C., Michele T. Perillo, U.S. Securities & Exchange Commission, Boston, MA, for Defendant.


ORDER ON PLAINTIFFS' MOTIONS FOR JUDGMENT AS A MATTER OF LAW OR, IN THE ALTERNATIVE, A NEW TRIAL

GERTNER, District Judge:

Over some twenty years, Bradford Bleidt ("Bleidt") swindled his clients out of tens of millions of dollars. This litigation arises from the aftermath of the fraud. The receiver for Bleidt's wholly owned company and his former clients sued defendant Sovereign Bank ("defendant" or "Sovereign"), alleging that it is in part responsible...

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