Indiana National Bank v. State Department of Human Services

LAVENDER, Vice Chief Justice.

We decide whether the trial court correctly granted the motion to dismiss of appellee, Prudential-Bache Securities, Inc. (Prudential-Bache) for failure of appellant, Indiana National Bank (INB) to state a claim upon which relief could be granted made pursuant to 12 O.S.1991, § 2012(B)(6). We hold the trial court erred because, at a minimum, INB stated claims under the theories of implied warranty and federal securities violation. 1

STANDARD FOR REVIEWING MOTION TO DISMISS

Our review of a trial court’s dismissal for failure to state a claim upon which relief can be…