A Tarrytown, N.Y., law firm has been sued for fraud and breach of contract by a New Jersey woman who claims the firm advised her to place substantial funds with a money manager who was operating a Ponzi scheme that collapsed last year.

In a lawsuit filed earlier this month in Westchester County Supreme Court, Patricia Romano claims her former lawyers at Cushner & Garvey advised her to invest funds from an $875,000 settlement with her ex-husband with Edward Stein, a purported money manager, who embezzled the funds. Under the settlement agreement, the funds were supposed to be placed in trust accounts at Morgan Stanley.

This content has been archived.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

Why am I seeing this?

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]