35 former senior attorneys from the defunct Fort Lauderdale firm Rothstein Rosenfeldt Adler are being investigated by the Florida Bar. In November, Scott Rothstein, the firm’s co-founder, was disbarred, then criminally charged with operating a Ponzi scheme involving hundreds of millions of dollars of client and investor funds. “The Bar is actively investigating and will [...]
Continue reading...Tuesday, December 29, 2009
Scott Rothstein’s office furniture inside the office of Rothstein Rosenfeldt & Adler, will be sold to the highest bidder at an auction on Jan. 23 in Tamarac, Fla. U.S. Bankruptcy Judge Raymond B. Ray approved a request last week by the firm’s bankruptcy trustee to allow Fisher Auction to sell everything inside the office, including oriental [...]
Continue reading...Wednesday, December 23, 2009
According to financial records made public late Tuesday, the law firm of accused financial swindler Scott Rothstein gave a whopping $6.06 million to non-profit groups and other foundations last year. Records show that the bankrupt Rothstein Rosenfeldt Adler firm made these contributions to at least 113 organizations. These documents were part of a filing in U.S. [...]
Continue reading...Monday, November 9, 2009
Scott Rothstein, the lawyer whose firm has gone into receivership after he was accused of defrauding investors through a ponzi scheme, faces more bad news today. The government is seeking civil forfeiture of eight properties belonging to Rothstein, alleging that they were financed with ill gotten gains. Meanwhile, the court has ordered Toronto Dominion Bank [...]
Continue reading...Tuesday, November 3, 2009
For our original article on the story, click here. Scott Rothstein, founding partner of the Florida firm Rothstein Rosenfeldt Adler, remains incommunicado after taking off last week. He is believed to be in Morocco, and his attorney has said he would return today. The firm has hired a former US attorney to [...]
Continue reading...Monday, November 2, 2009
When a prominent law firm hires an ex US attorney to investigate one of its own partners, something has gone terribly awry. That’s the situation in Florida where founding partner Scott Rothstein, currently believed to be in Morocco, is being investigated by former US Attorney Kendall Coffey at the firm’s request. The allegations [...]
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Thursday, January 14, 2010
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