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WELLS FARGO BANK v. ELEC. FUNDS TRANSFER

Case No. 5D20-655.

326 So.3d 753 (2021)

WELLS FARGO BANK, N.A., Appellant/Cross-Appellee, v. ELECTRONIC FUNDS TRANSFER CORPORATION d/b/a The EFT Network, Inc., and TJEM, Inc. d/b/a Checkcare Systems, Appellees/Cross-Appellants.

District Court of Appeal of Florida, Fifth District.

Opinion filed August 13, 2021.

Attorney(s) appearing for the Case

R. Hugh Lumpkin and Noah S. Goldberg , of Reed Smith LLP, Miami, and Ronald D. Edwards, Jr. and Melody B. Lynch , of Lowndes, Drosdick, Doster, Kantor & Reed, P.A., Orlando, for Appellant/Cross-Appellee.

Kasey J. Curtis , of Reed Smith LLP, Los Angeles, California, for Appellant/Cross-Appellee.

Robert J. Stovash and Dana S. Lidfeldt , of Stovash, Case & Tingley, P.A., Orlando, for Appellee/Cross-Appellant, Electronic Funds Transfer Corporation d/b/a The EFT Network, Inc.

No Appearance for Appellee/Cross-Appellant TJEM, Inc. d/b/a Checkcare Systems.

Wells Fargo Bank, N.A. ("Wells Fargo"), the defendant below, appeals from a final judgment awarding the plaintiff below, Electronic Funds Transfer Corporation d/b/a The EFT Network, Inc. ("EFT"), approximately $2 million dollars in compensatory damages and $5 million dollars in punitive damages. The judgment was based on a jury verdict...

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