PETERS, J.P.
In 2002, defendant issued a financial institution bond to plaintiff for the period of December 12, 2002 to December 12, 2003, which provided fidelity coverage insuring plaintiff against "[l]oss resulting directly from dishonest or fraudulent acts" committed by its employees. According to plaintiff, in October 2003 it discovered that James White, a senior vice-president and loan officer, had forged the signatures of two of plaintiff's presidents in a number...
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