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      09-17-2018, 03:12 PM   #24
Viffermike
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Quote:
Originally Posted by chris82 View Post
Way I see it is this guy is the dealership's problem, not the customers'
Precisely. He represented the dealership by being a part of its leadership. That said, Porsche N.A. would have at least had influence regarding his standing at the dealership, as well as oversight of the dealership's procedural policies. So I do think there's some shared responsibility.

If a banker takes money from depositors, that individual is not liable for money lost if they bolt -- the bank is. Similarly, a money manager represents his or her firm unless they are in business for themselves; If they bolt with clients' funds, the firm is liable for the funds, not the individual. (Note the use of the word 'liable', which is different from 'responsible'. The bank is liable; the individual is responsible.)

This is fundamentally no different from those scenarios.
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