Story Road Flea Market, Inc. v. Wells Fargo Bank, N.A.

Opinion

MIHARA, J.

Defendant Wells Fargo Bank, N. A. honored more than a hundred forged checks against plaintiff’s account. Plaintiff did not discover the forgeries until more than a year after defendant began honoring these checks. Defendant refused to credit plaintiff’s account for any of these unauthorized checks, and plaintiff filed suit against defendant. Plaintiff alleged causes of action for negligence, breach of contract and common counts and asserted a cause of action for money damages for defendant’s alleged violation of California Uniform Commercial Code section 4406. Defendant’s…