Good morning everyone! Today is Thursday, January 28, and here’s a look back at yesterday’s headlines… President Obama took on the Supreme Court in last night’s State of the Union… James O’Keefe’s lawyer says his client was not trying to bug Senator Landrieu’s phones… Reed Smith picked up two corporate partners in New York… Four partners jumped from [...]
Continue reading...Wednesday, January 27, 2010
Disbarred attorney Scott Rothstein will plead guilty to running a $1.2 billion Ponzi scam in a Fort Lauderdale , Florida federal court today. Rothstein was charged in December with five counts of racketeering, fraud and money laundering. He faces up to 100 years in prison. He may only receive a 30 year sentence because he [...]
Continue reading...Thursday, January 14, 2010
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...Monday, December 28, 2009
Good morning everyone! Today is Monday, December 28, and here’s a look back at the news from last week. Kirkland & Ellis paid out bonuses… Newly released records detail Rothstein’s non profit activities… Cravath confirmed that no new partners will be named this year… A dozen lawyers have left Dickstein Shapiro…. A federal appelate court has upheld a large [...]
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...Tuesday, December 1, 2009
Scott Rothstein, the Florida attorney whose alleged ponzi scheme has been chronicled here over the last two weeks, will be charged today with criminal racketeering according to a story from the AP. The government has already initiated seizures of his property, including a large and valuable car collection and a New York condo in [...]
Continue reading...Friday, November 27, 2009
Good morning one and all! It’s Friday, November 27, and now that the triptophan has hopefully worn off, here’s a look at wednesday’s headlines. Scott Rothstein has been officialy disbarred… Debevoise & Plimpton announced their bonus schedules… And so did Davis Polk… and in Switzerland, film director Roman Polanski has been granted bail…
Continue reading...Wednesday, November 25, 2009
In an update to this story, Scott Rothstein, the Florida lawyer accused of running a massive ponzi scheme, has been officially disbarred. Although he submitted his request to the Florida Bar Association earlier this week to have his license stripped, it did not become official until action was taken by the State Supreme Court. [...]
Continue reading...Monday, November 23, 2009
Good morning everyone! As we head into Thanksgiving week, things have slowed down a bit. Here’s a look back at the end of last week. Seyfarth Shaw has redeferred half of its incoming class and cut salaries for all first years… Wilkie Farr and Simpson Thatcher have both put out their bonus schedules…. Scott Rothstein has [...]
Continue reading...
Sponsored by |
Thursday, January 28, 2010
0 Comments