Flaherty v. Baybank Merrimack Valley, N.A.

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• noting that a “statement that an investment was ‘no risk/no lose’ [was] clearly puffing”
• Massachusetts courts have traditionally viewed bank relationships with customers as one of creditor/debtor, and one party cannot unilaterally transform the relationship into a fiduciary one
• “[O]ne party cannot unilaterally transform a business relationship into a fiduciary relationship by reposing trust and confidence in another.”

Source: CourtListener parenthetical corpus (CC0).