KELLY, Circuit Judge.
This case stems from fraud committed by an investment advisor who opened a doing-business-as ("d/b/a") bank account using the name of his employer when he did not have the employer's authority to do so. The investment advisor used the d/b/a bank account to steal money from his employer's customers. His employer settled with the defrauded customers, and the employer's insurance company paid the settlements. The insurance company then brought this...
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