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BRIEFLY

Security Pacific National Bank lost a round in court.

January 09, 1986

San Diego Superior Court Judge Dennis Adams ordered the Los Angeles bank to pay $4.8 million to James Williams, who had alleged in a lawsuit that the bank's fraudulent dealings forced him to lose Viking Dodge in Los Angeles in 1979 and Baron Buick in San Diego in 1980. Improperly fulfilling its "fiduciary responsibility," Security Pacific "fraudulently induced" Williams into purchasing Viking, Adams ruled. A bank spokeswoman declined to comment, saying that the bank had not seen the ruling.

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