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Home / Verdicts & Settlements / Trustee sued for violation of duties of care, loyalty – $2.5 million verdict (access required)

Trustee sued for violation of duties of care, loyalty – $2.5 million verdict (access required)

Plaintiffs alleged that defendant, who served as the trust­ee for several family trusts, had violated his duty of care and loy­alty. Plaintiffs sought damages for his misfea­sance/negligence while serving as the trustee. Defendants have noted an appeal and ALPS is contesting coverage. [17-T-136] Type of action: Breach of fiduciary duty Name of case: Ivan L. Higgerson Sr & ...