Wells Fargo Bank v. Arizona Laborers, Teamsters & Cement Masons Local No. 395 Pension Trust Fund
Case Details
- Judge(s)
- Jones, Martone, McGregor, Feldman, Zlaket
- Status — whether other courts must follow this ruling
- Published
- Procedural Posture — the stage the case had reached
- summary judgment
Related Laws
No specific laws identified for this ruling.
Outcome
The Arizona Supreme Court affirmed summary judgment for Wells Fargo Bank, holding that the Bank owed no fiduciary or contractual duty to disclose information about Symington's financial condition to the Funds, and rejected all tort claims including fraud, breach of implied covenant, tortious interference, fraudulent concealment, and conspiracy.
What This Ruling Means
This summary was generated to explain the ruling in plain English and is not legal advice.
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