Florida Supreme Court in Tallahassee, Florida. Photo: Raychel Lean/ALMFlorida Supreme Court Orders Emergency Suspension of Attorney
“He has not responded to the allegations, and he defaulted in the civil lawsuit involving these same issues. Judgment was entered against him for over $4.2 million in treble damages,” said Andrew Berman, a partner and ethics expert at Young, Berman, Karpf & Karpf who is not involved in the matter.
January 03, 2025 at 01:08 PM
4 minute read
What You Need to Know
- The Florida Supreme Court ordered an emergency suspension of a Sarasota attorney.
- The attorney was deeply entrenched in a family and its businesses for years, with roles that included him as sole trustee of $28 million in combined capital.
- The attorney faces a $4.2 million judgment in treble damages in a related, separate case.
The Florida Supreme Court entered an emergency suspension for an attorney who had allegedly stolen over $1 million of client money.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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