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BACKUS v. CONNECTICUT COMMUNITY BANK, N.A.

Civ. No. 3:10-CV-798.

789 F.Supp.2d 292 (2011)

Ben R. BACKUS, et al., Plaintiffs, v. CONNECTICUT COMMUNITY BANK, N.A., owner of Westport National Bank, Defendant.

United States District Court, D. Connecticut.

March 30, 2011.

Attorney(s) appearing for the Case

David S. Golub, Jonathan M. Levine, Silver, Golub & Teitell, Stamford, CT, for Plaintiffs.

Jenny R. Chou, Jonathan M. Freiman, Joseph C. Merschman, New Haven, CT, Scott D. Corrigan, Wiggin & Dana, LLP, New York, NY, for Defendant.

RULING ON MOTIONS FOR JUDGMENT ON THE PLEADINGS AND TO REMAND

PETER C. DORSEY, District Judge.

This action arises out of the infamous Ponzi scheme perpetrated by Bernard L. Madoff. Plaintiffs Ben R. Backus, William S. Sklar, and a number of other individuals bring suit against Defendant Connecticut Community Bank, N.A. ("CCB"), the owner of Westport National Bank ("WNB"). WNB, a bank that served as custodian of Plaintiffs' retirement accounts, invested...

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