REGIONAL PRODUCE COOPERATIVE CORPORATION v. TD BANK, N.A.

IN THE UNITED STATES DISTRICT COURT FOR THE EASTERN DISTRICT OF PENNSYLVANIA ____________________________________________ : REGIONAL PRODUCE COOPERATIVE : CIVIL ACTION CORPORATION, : : Plaintiff, : : v. : NO. 19-1883 : TD BANK, N.A. : : Defendant. : ____________________________________________: Goldberg, J. December 12, 2022 MEMORANDUM OPINION This case involves the extent to which a bank is responsible for the embezzlement of funds by a bank customer’s Chief Executive Officer. Plaintiff, Regional Produce Cooperative Corporation (“RPCC”), was the victim of an extensive, multi-million dollar…