Zuroff v. Westchester Trust Co.

The plaintiff brought this action against the trust company, the Superintendent of Banks, as liquidator, and certain officers and directors of the bank to rescind a sale to her of a mortgage participation certificate on the ground of false and fraudulent representations made to her at the time of sale, and to recover the money paid for such certificate. She alleges that she did not discover the fraud until after the period of four months had expired for the presentation of claims to the liquidator as provided by section 72 of the Banking Law, and that she had no notice whatever to present her…