Contractors Source had an account at Amegy Bank. The company received monthly statements. The account agreement said

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Contractors Source had an account at Amegy Bank.

The company received monthly statements. The account agreement said Contractors must report improper checks within 30 days. A bookkeeper stole

$844,000 over three years by writing bogus checks before being discovered. Contractors sued Amegy, contending the bank should have seen the improper signatures and was responsible for losses. Is that correct? [Contractors Source v. Amegy Bank, Ct. App., TX, 462 S.W.3d 128 (2015)]

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The Legal Environment Of Business

ISBN: 9780357451724

14th Edition

Authors: Roger E. Meiners, Al H. Ringleb, Frances L. Edwards

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