Fowler v. La Salle Bank
Between 1997 and 2004 plaintiff Harriet Fowler invested over $3 million in promissory notes and securities in companies recommended by William J. Zures, her financial advisor. Defendant LaSalle Bank acted as custodian of Fowler's accounts. After Zures died of an apparent suicide, Fowler learned that most of the money she had invested with him was gone. Fowler appeals, arguing the court erred in sustaining LaSalle's demurrer to the fourth amended complaint and granting summary judgment. She also asserts that the court abused its discretion in denying her request for leave to reinstate the aiding and abetting cause of action in the fifth amended complaint. LaSalle cross-appeals, contending that the court erred in rejecting its request for attorney fees on a point not raised or briefed by the parties. Alternatively, LaSalle argues that properly interpreted, its written agreement with Fowler supports an award of attorney fees. Court reject the parties' arguments and affirm the judgment.
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