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Oklahoma courts have previously applied the law of negligence to incorrect statements of persons who have a duty to speak the truth or who otherwise assume such a duty. Berkeline Corp. v. Bank of Mississippi, 453 So.2d 699 [Miss. 1984].
Last edited by David A. Szwak on Fri Oct 07, 2005 7:54 pm, edited 1 time in total.
The speaker is held to a duty to exercise reasonable care and diligence. A negligent misrepresentation is equivalent to recklessness. Id. Other Oklahoma courts have treated the negligent making of a false or reckless statement to be the equivalent of constructive fraud. MSA Tubular Products, Inc. v. First Bank & Trust Co., 869 F.2d 1422 [10th Cir. 1987] [Okla.].
Oklahoma courts have applied the action of negligent credit reporting to cases where a bank assumed a duty and reported false information to another company in a credit report where the other company sought information about the bank’s customer and the other company relied upon the misstatements. MSA Tubular Products, Inc. v. First Bank & Trust Co., 869 F.2d 1422 [10th Cir. 1987] [Okla.]; Ragland v. Shattuck National Bank, 36 F.3d 983 [10th Cir. 1994] [Okla.]; Uptegraft v. Dome Petro. Corp., 764 P.2d 1350, 1353 [Okla. 1988]; Deardorf v. Rosenbusch, 206 P.2d 996, 998 [Okla. 1949].
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