Banks and banking – CDs – Abandoned property |

Banks and banking – CDs – Abandoned property | Massachusetts Lawyers Weekly

Where a plaintiff has brought a breach of contract claim over certificates of deposit, dismissal is warranted because the CDs became abandoned property under 960 C.M.R. §4.03(14)(b). “Plaintiff James C. Gallagher (‘Gallagher’) has filed this lawsuit against Defendant J.P. Morgan Chase Bank, N.A. (‘Chase’) alleging claims for breach of contract (Count I), breach of covenant

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