Parlato v. Equitable Life Assurance Society of United States
Appellate Division of the Supreme Court of the State of New York
1Opinion of the Court
OPINION OF THE COURT
Friedman, J.
Plaintiffs, who are sisters, were defrauded by Kenneth Soule, an agent of defendant Equitable Life Assurance Society of the United States (Equitable), beginning while Soule was employed by Equitable and continuing after Equitable terminated him in July 1992. Soule actually opened an Equitable account for one plaintiff, but he did hot do so for the other, instead stealing all the funds that plaintiff entrusted to him. While plaintiffs’ claims based on frauds perpetrated during Soule’s employment by Equitable are time-barred, their claims based on certain of the…
2Cases cited22 opinions
- In re AhoNew York Court of Appeals · 1976
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- Standard Funding Corp. v. LewittNew York Court of Appeals · 1997
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