Two ex-partners of defunct Gersten Savage are suing the law firm’s former managing partner, claiming he used the firm "as his personal piggy bank, taking out whatever funds he needed" for personal expenses for himself and his wife and withholding compensation due the firm’s other lawyers.
David Danovitch and John Riley sued Gersten Savage, a former corporate and litigation firm, and its former managing partner, Jay Kaplowitz, and his wife, Sheila Kaplowitz, in Manhattan Supreme Court, collectively seeking more than $1.16 million in compensatory damages and $5 million in punitive damages in Danovitch v. Gersten Savage, 650569/2013 (See Complaint).
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