Leone v. Fleet National Bank

INTRODUCTION

Plaintiffs, Dominic Leone (“Leone”) and Mercedes, Inc. (“Mercedes”), have brought suit against defendants, Fleet National Bank (“Fleet”), Paula Ruggiero and Joseph Ruggiero (“the Ruggieros”). The suit alleges that Fleet acted contrary to law in its dealings with certain property, owned variously by Leone and Mercedes and pledged as security for a debt owed by Leone to Fleet. Leone and Mercedes, which had obtained the property subject to Fleet’s interest, seek, by their suit, to set aside a foreclosure sale from Fleet, to Ruggiero and to obtain damages, costs and fees from Fleet…