In a blistering order, a Miami federal judge Friday blasted prominent law firm Greenberg Traurig as bumbling and inept and its client TD Bank for manipulating trial evidence in imposing sanctions for blatant discovery violations in a lawsuit brought by investors in one of Florida’s most notorious Ponzi schemes.
U.S. District Judge Marcia Cooke ordered the bank and law firm to pay attorneys fees and costs as sanctions and made crucial findings that will hurt the Cherry Hill, New Jersey-based bank’s appeal of a $67 million jury award. The outcome favored an investment group that alleged it was cheated by ex-lawyer Scott Rothstein in his $1.2 billion settlement financing fraud. The dollar amount to be paid by the bank and law firm will be determined later.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]