Weird News

Namesake of Morris Hardwick Schneider Sued for Embezzlement
Download PDF

embezzlement

Summary: One of the namesakes of Morris Hardwick Schneider has been sued by the firm for embezzling more than $30 million from the firm.

Nathan E. Hardwick IV has been accused of embezzling some $30 million from escrow accounts at his own law firm, according to a report from the Atlanta Journal-Constitution.

  
What
Where


A lawsuit was filed in Fulton County Superior Court this week against Hardwick, who was in charge of the residential practice for the law firm of Morris Hardwick Schneider.

The attorney for Hardwick, Ed Garland, said the following about the allegations:

“Nat became aware of a problem with the accounting earlier this summer and immediately alerted his partners and initiated a review by outside auditors. Anybody who knows Nat knows that he loves the law firm, its employees, the attorneys and the firm’s many loyal clients. He would never knowingly or intentionally take money he was not entitled to or harm the firm or its clients in any way. The law firm was profitable, and Nat believed that all of the money he received was properly distributed to him as his share of the profits of the firm.”

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!!




There is a title company involved in the claims named Landcastle, which is being acquired at a 70 percent stake by Fidelity National Title Group.

A letter sent to the law firm and to clients of Landcastle states the following:



“As you may have heard, we recently learned of substantial escrow account misappropriations within the law firm of Morris Hardwick Schneider. These activities could have negatively impacted the future of our company and our customers. However, Fidelity National Title Group, one of our long-standing and trusted partners, has agreed to step in as a 70% owner of Landcastle Title.”

The letter also said “a primary focus of both Landcastle Title and Fidelity is to protect the many consumers, customers, lenders and employees who would have been harmed by the escrow account misappropriations.”

Hardwick has already resigned from the law firm.

According to the lawsuit, Hardwick “systematically depleted the Firm accounts, including Firm Trust Accounts and Firm Operating Accounts for his personal benefits.”

Hardwick also reportedly created fraudulent bank records in an effort to hide missing money. Hardwick reportedly moved $6.3 million to a company he had control of and also used $1 million for the services of a private jet. The lawsuit also alleges that Hardwick used $645,000 of the firm’s money to cover for some of his failed real estate investments.

Looking for a law firm partner job in Atlanta? Visit this page to browse live openings.



 

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Attorney with 3-7 years of litigation experience

USA-IL-Chicago

Chicago office of our client seeks attorney with 3-7 years of litigation experience. The candidate s...

Apply Now

Mid-level IP Litigation Attorney with electrical engineering experience

USA-CA-San Francisco

San Francisco office of our client seeks mid-level intellectual property attorney with 3-5 years of ...

Apply Now

Mid-level Attorney with environmental/regulatory experience

USA-CA-Sacramento

Sacramento office of our client seeks mid-level attorney with 2-7 years of experience to support its...

Apply Now

Labor and Employment Attorney with 3-4 years of litigation experience

USA-CA-Los Angeles

Los Angeles office of our client seeks labor and employment attorney with 3-4 years of litigation ex...

Apply Now

RELEVANT JOBS

Associate Attorney - Alcohol and Cannabis Law

USA-NC-Raleigh

Strike & Techel LLP, a law firm specializing in alcoholic beverage and cannabis law, is seeking an a...

Apply now

Associate Attorney - Alcohol and Cannabis Law

USA-CA-San Francisco

Strike & Techel LLP, a law firm specializing in alcoholic beverage and cannabis law, is seeking an a...

Apply now

In-House Tax Attorney

USA-FL-Vero Beach

Established national consulting firm, industry leader in all areas of Strategic Tax Planning and Fam...

Apply now

Family Law Associate Attorney

USA-MA-Woburn

Looking for an attorney with 1-3 years domestic relations experience. Candidates must have excellent...

Apply now

Most Popular

SEARCH IN ARCHIVE

To Top