From our private database of 30,500+ case briefs...
Experi-Metal, Inc. v. Comerica Bank
United States District Court for the Eastern District of Michigan
2010 WL 2720914 (2010)
Experi-Metal, Inc. (Experi-Metal) (plaintiff) signed an agreement with Comerica Bank (Comerica) (defendant) to send payment orders or receive funds transfers using Comerica’s TM Connect Web wire-transfer system. Experi-Metal designated Keith Maslowski as an authorized user to initiate transfers using this service. To verify online-banking transactions, Comerica used a security procedure known as secure-token technology, in which a user entered a user identification (ID), a confidential PIN, and a randomly generated code. Experi-Metal later failed to notify Comerica that Maslowski should be removed as an authorized user. Maslowski received an email from a third party claiming to be Comerica and directing him to provide his user ID and password, which he did. Forty-seven wire transfers were quickly initiated from Experi-Metal’s account. After several hours of this activity, Comerica notified Experi-Metal of the transfers, and Experi-Metal directed Comerica to recall all wires out of Experi-Metal’s account and to stop all future wire transfers from the account. Most of the transfer activity was stopped, but 46 additional wire transfers were initiated before the activity was stopped completely. Comerica recalled all but $560,000 of the transfers, and this amount was charged to Experi-Metal’s account. Experi-Metal sued Comerica. Comerica moved for summary judgment.
Rule of Law
Holding and Reasoning (Duggan, J.)
What to do next…
Unlock this case brief with a free (no-commitment) trial membership of Quimbee.
You’ll be in good company: Quimbee is one of the most widely used and trusted sites for law students, serving more than 551,000 law students since 2011. Some law schools—such as Yale, Berkeley, and Northwestern—even subscribe directly to Quimbee for all their law students.Unlock this case briefRead our student testimonials
Learn more about Quimbee’s unique (and proven) approach to achieving great grades at law school.
Quimbee is a company hell-bent on one thing: helping you get an “A” in every course you take in law school, so you can graduate at the top of your class and get a high-paying law job. We’re not just a study aid for law students; we’re the study aid for law students.Learn about our approachRead more about Quimbee
Here's why 551,000 law students have relied on our case briefs:
- Written by law professors and practitioners, not other law students. 30,500 briefs, keyed to 984 casebooks. Top-notch customer support.
- The right amount of information, includes the facts, issues, rule of law, holding and reasoning, and any concurrences and dissents.
- Access in your classes, works on your mobile and tablet. Massive library of related video lessons and high quality multiple-choice questions.
- Easy to use, uniform format for every case brief. Written in plain English, not in legalese. Our briefs summarize and simplify; they don’t just repeat the court’s language.