Bank of America Alleges Atlanta Lawyer 'Refused' to Return Almost $1M From DOT Settlements
"Defendants have not provided any valid justification for their refusal to remit the ... funds held in trust for [the bank]," the suit states.
October 17, 2024 at 03:09 PM
4 minute read
What You Need to Know
- Bank of America filed suit in federal court in Atlanta Sept. 25 against its former attorney in a land-condemnation case.
- The bank seeks almost $1 million it says the attorney received from courts in two counties but 'refused' to transfer.
- The attorney did not notify the bank that the courts released the funds, the suit states.
One of the nation's largest banks says an Atlanta lawyer has "refused" to return almost $1 million she was holding for the bank as part of land-condemnation settlements from the Georgia Department of Transportation.
Bank of America filed suit in U.S. District Court for the Northern District of Georgia in Atlanta on Sept. 25, seeking a jury trial and an award in an amount exceeding $941,101, which the bank claims The Stark Firm and its managing member Erin Stark received from superior courts in two counties and placed in the firm's IOLTA account without the bank's knowledge.
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