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LeBLANC v. WELLS FARGO

Nos. 2011-2160 and 2011-2073.

134 Ohio St.3d 250 (2012)

2012-Ohio-5458

LeBLANC ET AL., Appellants, v. WELLS FARGO ADVISORS, L.L.C.; BURCHFIELD, Appellee.

Supreme Court of Ohio.

Decided November 28, 2012.

Attorney(s) appearing for the Case

Brannon & Associates and David D. Brannon , for appellants.

Dungan & LeFevre Co., L.P.A., and James D. Brookshire , for appellee.

O'CONNOR, C.J.

{¶ 1} In this appeal, we resolve a conflict between the decisions of the Ninth District Court of Appeals and the Second District Court of Appeals concerning the effect of an individual retirement account ("IRA") custodian's filing of an interpleader action against competing claimants. We hold that when the custodian of an individual retirement account files an interpleader action against the parties claiming to be the...

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