Represented a Community Bank that was the Victim of Several Counterfeit Checks that were Deposited with Other Banks
Overview
SmithAmundsen represented a community bank that was the victim of several counterfeit checks that were deposited with other banks, and the depositing banks refused to reimburse the community bank for the payments made on the counterfeit checks based on the depositing bank’s warranty to the community bank. SmithAmundsen successfully sued the depositing banks and recovered tens of thousands of dollars for the small, community bank.