11th Circuit Affirms Dismissal Of Vulnerable Adult Negligence Suit Against PNC

(June 15, 2023, 4:27 PM EDT) -- ATLANTA — The 11th Circuit U.S. Court of Appeals affirmed a district court’s order dismissing a negligence suit filed against PNC Bank by a septuagenarian alleging that PNC negligently failed to protect her from financial exploitation by a fraudster who purportedly induced her to withdraw more than $400,000 from her PNC account, finding that while the lower court erred in determining that she failed to meet the statutory definition of a vulnerable adult, it correctly dismissed her case because she failed to plead exploitation pursuant to Florida’s Adult Protective Services Act (FAPSA)....