Question
Soon after Teresa DeYoungs husband died, her mother-in-law also died, leaving an inheri-tance of more than $400,000 for DeYoungs children. DeYoung hired John Ruggerio, an
"Soon after Teresa DeYoungs husband died, her mother-in-law also died, leaving an inheri-tance of more than $400,000 for DeYoungs children. DeYoung hired John Ruggerio, an attorney, to ensure that her children would receive it. Ruggerio advised her to invest the funds in his real estate business. She declined. A few months later, $300,000 of the inheritance was sent to Ruggerio. Without telling DeYoung, he deposited the $300,000 in his account and began to use the funds in his real estate business. Nine months later, $109,000 of the inheritance was sent to Ruggerio. He paid this to DeYoung. She asked about the remaining amount. Ruggerio lied to hide his theft. Unable to access these funds, DeYoungs children changed their college plans to attend less expensive institutions. Nearly three years later, DeYoung learned the truth. Can she bring a suit against Ruggerio? If so, on what ground? If not, why not? Did Ruggerio violate any standard of professional ethics? Discuss. "
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