http://bitcoinexaminer.org/mizuho-bank-defendant-lawsuit-mtgox/Is there precedent for this? It disturbs me that the bank would be held liable, since the implication is that a bank must intensely scrutinize your business because they will be held liable, sort of like blaming ISP's for enabling sharing of copyrighted material by their customers. It will give the banks another reason to avoid bitcoin-based businesses.
In my opinion there could be some justification in this, but for me it hinges on the bank's actions over the last few weeks.
I think that between 7 to 25 February something should have been done at the bank, even if it was not visible publicly: an internal investigation into Gox, a clear decision to close the Gox bank account... something to show that the bank was at least making efforts to understand or deal with their client and its problems.
If there is no record of the bank doing anything beyond the vague meeting with Gox then this lack of action could be tantamount to gross negligence, considering the public outcry about Gox's treatment of its customers over the past few months.