The defendants brought a motion for summary judgment to dismiss the plaintiff's action.
The plaintiff claimed entitlement to the proceeds of her deceased husband's investment accounts, alleging an oral agreement that they would remain beneficiaries on each other's accounts, and asserting a constructive trust.
She also sued the investment firm for failing to notify her when the deceased changed his beneficiaries to his children.
The court granted summary judgment, finding the investment firm had no duty to disclose the deceased's personal financial decisions, and the plaintiff failed to establish a constructive trust or agreement, noting she had already received a substantial portion of the estate.
