Yeomans' case is one that makes a great law school classic. Under 1-201(43) an "unauthorized signature" includes a "signature made without actual, implied, or apparent authority." Yeomans' signatures on company checks over the course of seven years would be unauthorized under the code. Section 4-406(d)(2)'s "same wrongdoer" rule precludes the customer (QWI) from claiming the loss from the bank for the acts of those like Yeoman where the customer did not notify the bank of the forgery within thirty days. With a longstanding scheme like Yeoman's, QWI will shoulder the load. It looks like about $2 million is recoverable from Yeoman, but apparently she lost the rest gambling. This becomes another case of faulty internal procedures resulting in a huge corporate loss. That Yeomans will likely spend some time in jail is small comfort for company employees at a time when jobs are already hard to come by.