Colella v. North Easton Savings Bank

This action arises from the defendants’ setoff of balances in joint accounts in the names of the plaintiffs and Lorraine M. Colella against indebtedness of Lorraine M. Colella. The plaintiffs allege that they are the sole owners of the funds in those joint accounts and, consequently, the defendants converted their funds when they set off the moneys in those accounts against Lorraine M. Colella’s indebtedness. The plaintiffs also have alleged a violation of c. 93A. Easton Cooperative Bank (“Easton”) has moved to dismiss the complaint. At the hearing on Easton’s motion, the parties were advised…