U.S. Bankruptcy Judge Raymond Ray approved a $54 million settlement between TD Bank and Scott Rothstein investors represented by law firms Conrad & Scherer and Kozyak Tropin & Throckmorton.
The approval Wednesday was the last hurdle for a final liquidation plan for Rothstein’s defunct law firm, Rothstein Rosenfeldt Adler, clearing the way for the distribution of a total of $80 million to investors by Labor Day.
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