2nd Circ. Affirms Dismissal Of Frozen Bank Account Suits

Law360, New York (December 18, 2013, 7:31 PM ET) -- The Second Circuit on Wednesday affirmed lower court rulings tossing class actions against TD Bank NA and Capital One Bank NA for freezing New York customer accounts at the behest of their creditors, but allowed plaintiffs to ask lower courts if they can amend their complaints.

A three-judge panel upheld two separate rulings in New York federal court dismissing class action claims in separate suits against TD Bank and Capital One Bank, but also allowed the plaintiffs to move to amend their claims, saying they will...
To view the full article, take a free trial now.
Try Law360 for free for seven days
Already a subscriber? Click here to login

Already have access?

  1. Forgot your password?
  2. Sign In

Get instant access to the one-stop news source for business lawyers