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FINE v. SOVEREIGN BANK

Civil Action No. 06CV11450-NG.

634 F.Supp.2d 126 (2008)

David J. FINE, as he is Receiver of Bradford C. Bleidt and Allocation Plus Asset Management Co., et al., Plaintiffs, v. SOVEREIGN BANK, Defendant.

United States District Court, D. Massachusetts.

August 8, 2008.

Attorney(s) appearing for the Case

David J. Fine, Law Offices of David J. Fine, Boston, MA, pro se.

Melanie L. Oxhorn, New York, NY, for Plaintiffs.

Patrick T. Voke, Daniel J. Blake, LeClairRyan, P.C., Paul G. Boylan, LeClair-Ryan, A Professional Corporation, Michele T. Perillo, U.S. Securities & Exchange Commission, Boston, MA, for Defendant.

ORDER ON PLAINTIFFS' MOTION FOR SUMMARY JUDGMENT

GERTNER, District Judge.

Over some twenty years, Bradford Bleidt ("Bleidt") swindled his business and his clients out of tens of millions of dollars. This litigation arises from the aftermath of the fraud. With few other targets for recovery, the receiver for Bleidt's wholly-owned company and his former clients have joined forces to seek to place some of the blame for the fraud on defendant Sovereign...

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