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!!






 

Interesting Legal Sites You May Like


BCG FEATURED JOB

Locations:

Keyword:



Search Now

Corporate, Mergers and Acquisitions and Securities Associate Attorney

USA-NY-New York City

New York City office of our client seeks corporate, mergers and acquisitions and securities associat...

Apply Now

Business Litigation Attorney

USA-CA-Santa Monica

Santa Monica office of our client seeks business litigation attorney with 1-3 years of experience. T...

Apply Now

Intellectual Property Litigation / Enforcement Associate Attorney

USA-CA-San Francisco

San Francisco office of our client seeks intellectual property litigation / enforcement associate at...

Apply Now

Health Industry Advisory Associate Attorney

USA-CA-Los Angeles

Los Angeles office of our client seeks health industry advisory associate attorney with 3-5 years of...

Apply Now

RELEVANT JOBS

Litigation paralegal

USA-TX-Dallas

We are looking to immediately hire a responsible, highly organized, self-motivated litigation parale...

Apply now

Attorney

USA-TX-Dallas

Associate Attorney – 7 to 10 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Associate Attorney

USA-TX-Dallas

Associate Attorney – 3 to 5 Years’ Experience - Dallas/Fort Worth   ...

Apply now

Litigation Attorney

USA-TX-Dallas

Litigation Attorney   Dallas, TX One of Texas\' largest Personal Injury Law Firms se...

Apply now

SEARCH IN ARCHIVE

To Top