City: Bank shares blame in Crundwell theft
DIXON — Fifth Third Bank has joined the list of entities being sued by the city of Dixon in the aftermath of Rita Crundwell’s theft of nearly $54 million in city funds.
In an amended lawsuit filed Friday, the city of Dixon says Fifth Third Bank was negligent in applying commercial bank standards.
The lawsuit also lists the city’s former auditors – CliftonLarsonAllen, LLP, Clifton Gunderson, LLP, Janis Card Co., LLC, Samuel S. Card, CPA, P.C., Samuel S. Card, Todd Etheridge and Ron Blaine – saying they should have detected the ex-comptroller’s theft. The complaint asks for damages of more than $53 million.
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