Home

Lawyer Confesses To Losing 2.8 Million Dollar Settlement
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...


Attorney Sandeep Baweja has withdraw as counsel in a class action case after he confessed in court papers that he lost a large portion of the $2.7 million settlement.

Baweja was supposed to distribute the funds amongst 800 class members who sued ZipRealty. He instead placed the money in an Ameritrade brokerage account last spring, according to the Daily Journal. Court papers claim that Baweja lost everything except for $54,000 due to bad investments as well as the state of the stock market.

  
What
Where


U.S. District Judge S. James Otero said, “I’m extremely, extremely disappointed in what occurred here, but my disappointment pales in comparison to the class.”

Jeffrey Rutherford of Crowell & Moring is Baweja’s lawyer. Rutherford claims that Baweja borrowed more than $500,000 from friends and family in an attempt to payback the lost settlement. He has also notified the state bar as well as state and federal authorities about his actions.

Baweja’s admission stunned colleagues, according to the Orange County Register.

Get JD Journal in Your Mail

Subscribe to our FREE daily news alerts and get the latest updates on the most happening events in the legal, business, and celebrity world. You also get your daily dose of humor and entertainment!!






 

RELEVANT JOBS

Associate Attorney

USA-PA-Exton

ASSOCIATE ATTORNEY McKenna Snyder LLC, a law firm in Exton, PA has an immediate opening for an ex...

Apply now

Attorney

USA-MI-Sturgis

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Attorney

USA-MI-Coldwater

Qualifications: HaasCaywood is seeking associate attorneys for our Coldwater and Sturgis, Michiga...

Apply now

Deputy General Counsel / Senior Deputy General Counsel

USA-CA-Sacramento

Cal Cities Culture and Mission Cal Cities is dedicated to creating a collaborative and inclusive ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Education Law Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with ...

Apply Now

Education Law Attorney

USA-CA-Carlsbad

Carlsbad office of a BCG Attorney Search Top Ranked Law Firm seeks an education law attorney with 4-...

Apply Now

Education Law and Public Entity Attorney

USA-CA-El Segundo

El Segundo office of a BCG Attorney Search Top Ranked Law Firm seeks an education law and public ent...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top