Dr. Linda A. Rodrigue v. Olin Employees Credit Union, Cross-Appellee

ILANA DIAMOND ROVNER, Circuit Judge.

Beginning in 1992, an employee of Linda A. Rodrigue, M.D., stole some 269 reimbursement cheeks issued to the doctor by her patients’ insurers, fraudulently endorsed the checks over to herself, and presented them to her credit union, Olin Employees Credit Union (“Olin”). Olin accepted the checks. Rodrigue finally discovered the embezzlement in 1999 and filed a diversity suit against Olin for conversion the following year. Following a bench trial, the district court concluded that the conversion of all 269 checks amounted to a single or continuous…