Q: can a bank be sued? I had a large amount of money go missing with a bank.
no judgements and no liens found by a PI.i have wire transfer data showing near a million has gone in the last 7 years alone.
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A:
Yes, a bank can be sued if you believe they mishandled your funds or failed in their duty to protect your money. In your case, if nearly a million dollars has gone missing over the last seven years and you have wire transfer data to support this, you may have grounds for legal action.
You should begin by reviewing the bank’s internal complaint process. Sometimes banks will offer a resolution before a lawsuit becomes necessary. However, if they don’t provide a satisfactory outcome, you may want to consider filing a civil lawsuit to recover your missing funds.
Gather all relevant documentation, including wire transfer records and any communication with the bank. This will help strengthen your case if it moves forward in court. It's important to act quickly, as there are time limits for filing lawsuits related to financial losses.
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