Richard Jones, Jr. v. Wells Fargo Bank, N.A., et a

JERRY E. SMITH, Circuit Judge:

Wells Fargo Bank, N.A. (‘Wells Fargo”), and JPMorgan Chase Bank, N.A. (“JPMorgan”), served as trustees of trusts of which Richard Jones, Jr., was a beneficiary. Jones sued both banks for breach of fiduciary duty. The district court dismissed all but one of Jones’s claims, as to which a jury, finding a breach, awarded actual and exemplary damages. Wells Fargo seeks to set aside the verdict. On cross-appeal, Jones hopes to revive some of the claims that were dismissed. We find in favor of the banks on all issues.

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Jones is the grandson of Sweetie Boyle, who died in…