December 22, 2021
First Republic Bank Inc. has hit back against a customer's suit alleging the bank was negligent when allowing his ex-employee to steal millions of dollars, arguing among other things that the claims are time-barred and the customer's ex-employee was authorized to access the accounts.
October 12, 2021
First Republic Bank was hit with a suit in New Jersey federal court Tuesday over a wealthy account holder's allegations that the bank failed to follow standard security protocols or "adhere to common sense" while allowing his former employee to steal millions from him and his company.