U.S. Bankruptcy Judge Raymond Ray has approved a $28.1 million settlement with a key investor in Scott Rothstein’s Ponzi scheme, allowing the final class of fraud victims to be repaid.
The Fort Lauderdale judge on Tuesday approved the settlement between the trustee overseeing the liquidation of Rothstein’s defunct law firm, Rothstein Rosenfeldt Adler, and Texas-based Coquina Investments LLC.
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