Scott Rothstein’s former law firm general counsel cried Thursday as he recalled how he discovered his boss had committed a fraud of epic proportions. David Boden, who worked for Rothstein Rosenfeldt Adler for 18 months before it imploded last November, testified in a deposition about discovering the $1.2 billion Ponzi scheme.
The trustee in the bankruptcy case of Ponzi operator Scott Rothstein’s defunct law firm has settled disputes with seven attorneys over future legal fees from cases they handled while employed at Rothstein Rosenfeldt Adler. In motions filed Thursday, trustee Herbert Stettin seeks approval of agreements with Russell Adler and six attorneys who banded together when they left RRA: Gary Farmer, Steven Jaffe, Matthew Weissing, Brad Edwards, Mark Fistos and Seth Lehrman.
The bankruptcy trustee for defunct law firm Rothstein Rosenfeldt Adler contends the government has once again overstepped its bounds in the case of convicted fraudster Scott Rothstein. On Monday, the U.S. Attorney’s Office filed a motion seeking a protective order to preserve new assets, including Rothstein Rosenfeldt Adler bank accounts containing almost $120,000
Former Rothstein Rosenfeldt Adler partner Steve Lippman has agreed to sit for a deposition without invoking his Fifth Amendment rights when questioned about money received from his former boss, convicted fraudster Scott Rothstein. Bankruptcy trustee Herbert Stettin contends Lippman was overpaid by $3.1 million and seeks repayment.