Kueber v. Martin

Can a bank be held liable for negligence in connection with an illegal pyramid scheme operated by one of its depositors?

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The Louisiana Supreme Court was asked if a bank could be held liable for negligence in connection with an illegal pyramid scheme operated by one of its depositors.

The case and case summary can also be viewed online at: http://www.mlmlegal.com/legal-cases/Kueber_v_Martin2.php

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Published In: Civil Procedure Updates, MLM / Direct Sales Updates, MLM Consulting / Network Marketing Updates

Reference Info:State, 5th Circuit, Louisiana | United States

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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