Class Action/Fiduciary Duties

Cummins v. Maryland National Bank, No. 83-096010/L-4034 (Circuit Ct. Baltimore City, MD) (Verdict of November 21, 1989) (Certification Order of November 5, 1986) ($3.86 million verdict for certified class of trust beneficiaries against bank-trustee), affirmed, 322 Md. 570, 588 A.2d 1205 (Md.) (April 18, 1991), discussed in Restatement (Second) Trusts, §170 (Duty of Loyalty); §207 (Liability for Interest)

Thomas, et al. v. Charles Schwab Co., Inc., No. 66,700 (10th Jud. Dist. Ct., Natchitoches, La., August 16, 1995) (Whittaker, J.) (certifying national class of Schwab customers on cost of order flow payment practices), affirmed, No. 95-1405, 95-1279, 683 So.2d 274 (3rd Cir., Ct. App. Sept. 25, 1996)