Stockmen's Livestock Market, Inc. v. Norwest Bank of Sioux City, Na, Stockmen's Livestock Market, Inc. v. Norwest Bank of Sioux City, Na

BRIGHT, Circuit Judge.

Stockmen’s Livestock Market (“Stock-men’s”) filed this action against Norwest Bank of Sioux City, NA (“Norwest”), alleging that Norwest defrauded and deceived Stock-men’s by characterizing Norwest’s lending and banking relationships with D & R Feedlots, Inc. (“D & R”) as “satisfactory,” and by breaching its promise to honor one of D & R’s nonsufficient funds (“NSF”) checks. Stockmen’s also claimed that Norwest converted funds “belonging to” Stockmen’s when Norwest placed a hold on D & R’s checking account. The jury returned a verdict in favor of Stockmen’s in the amount…