Q: Financial brokerage house paid out funds from the account of a deceased accountholder - the broker did not know of death
Broker was a national security dealer. When broker learned of death did not disclose post-death withdrawals from account to estate fiduciary.
A: Who are you to this deal? It may not be prejudicial. Depends on where the money went and where it was supposed to go. If to you, you can sue. The broker cannot be liable for not knowing of death, but can be liable if it should have known authorization was improper.
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