The legal bar is getting higher for investors and trustees who try to hold banks accountable for allowing fraudsters like Scott Rothstein to run their criminal activity unabated through their financial institutions.
Recent federal court decisions as well as an important opinion from the U.S. Court of Appeals for the Eleventh Circuit define the legal burden to pursue litigation against financial institutions for allegedly aiding and abetting scam artists.
This content has been archived.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]
