Gerber & Gerber, P.C. v. Regions Bank

Miller, Judge.

Over a period of two years, an employee of the Gerber & Gerber, P.C. law firm (G&G) stole from G&G some cashier’s checks (endorsed in blank) and some checks payable to G&G (on which she forged G&G’s endorsement) and deposited the checks into her personal account at Regions Bank, where G&G also maintained its accounts. Alleging that Regions Bank had acted negligently in accepting the checks for deposit, G&G sued the bank to recover the money lost. The court entered summary judgment in favor of Regions Bank on the cashier’s checks but held material issues of fact precluded summary…