Abstract

In 2007, First Commonwealth Bank deposited a good sum of money in the bank account of an Altoona couple by mistake. After realizing its mistake, it sued the retired couple to get the money back. The couple claimed that they had intimated the bank about the mistake several times and had started spending the money only after some employees of the bank reassured them that the money was theirs.

Learning Objectives

The case is structured to achieve the following Learning Objectives:

• Ethics
• Legal

Keywords

Ethics, legal, First Commonwealth Bank, Starbirds