WORKERS' COMPENSATION REINSURANCE ASSOCIATION v. WELLS FARGO BANK, N.A.

No. A11-1260.

Workers' Compensation Reinsurance Association, et al., Respondents, v. Wells Fargo Bank, N.A., Appellant, Robert G. Smith, Defendant.

Court of Appeals of Minnesota.

Filed April 16, 2012.


Attorney(s) appearing for the Case

Michael V. Ciresi , Roberta B. Walburn , Thomas L. Hamlin , Munir R. Meghjee , Robins, Kaplan, Miller & Ciresi, L.L.P., Minneapolis, Minnesota, for respondents.

Lawrence T. Hofmann , Richard M. Hagstrom , Michael R. Cashman , Michael E. Jacobs , Zelle, Hofmann, Voelbel & Mason, L.L.P., Minneapolis, Minnesota; and David F. Herr , Maslon, Edelman, Borman & Brand, L.L.P., Minneapolis, Minnesota, for appellant.

Considered and decided by Stoneburner, Presiding Judge; Klaphake, Judge; and Cleary, Judge.


UNPUBLISHED OPINION

STONEBURNER, Judge.

Appellant bank challenges the judgment entered against it following a jury trial, arguing that (1) the district court erred by finding that, as a matter of law, the bank owed fiduciary duties to respondents, who were participants in the bank's securities-lending program; (2) the jury's finding that the bank breached fiduciary duties owed to respondents is inconsistent with and precluded by the jury's other findings...

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