August 29, 2024
By Ganesh Setty, Law360
Stephen Rosenthal, an attorney representing Weinraub, told Law360 by email that Bank of America overcharged the trust of which Weinraub is a beneficiary by vastly overpaying for property insurance on the house his father left in the trust. Because the bank bought insurance through a “master trust policy,” it has harmed its other trust clients in the same way.
Read more about this matter here.
