Matthews v. Bank One Corp.

11 Plaintiff, Reba D. Matthews, appeals a district court judgment granting a peremptory exception of prescription in favor of defendant, Bank One, N.A. The district court dismissed plaintiffs lawsuit with prejudice. 1 For the reasons set forth herein, we affirm.

FACTS

On December 22,1999, plaintiff, Reba D. Matthews, opened a traditional individual retirement account (“IRA”) at Bank One, N.A. (“the bank”). Matthews made an initial deposit of $15,314.20. No further deposits were made into the account; however, multiple withdrawals were made from the time the account was opened until it was…