Bank Faces Suit Over Court Filing That Revealed Lawyers' Private Information
Kurt Olender and Michael Feldman claim that Investors Bank filed motion papers revealing the partners' home addresses, home telephone numbers, email addresses, and driver's license numbers, as well as the account number for the firm's trust account and the full signatures of all of the authorized signatories for the account.
April 11, 2019 at 04:53 PM
5 minute read
Partners in a New Jersey law firm are seeking damages from a bank that allegedly revealed private information about the partners on a court docket.
Kurt Olender and Michael Feldman claim in a suit that Investors Bank filed motion papers revealing the partners' home addresses, home telephone numbers, email addresses, and driver's license numbers, as well as the account number for the firm's trust account and the full signatures of all of the authorized signatories for the account. The suit was filed in state court on March 8 and removed to federal court Tuesday. The private data were allegedly filed by Investors in a separate case in state court concerning a check deposited by the firm that was dishonored by the bank. The confidential information was removed after complaints by the plaintiffs' firm, Olender Feldman of Summit, New Jersey, but it may have been viewed or downloaded by others, and could still be stored on the dark web, the suit claims.
The breach violated the Gramm-Leach-Bliley Act, the Fair Credit Reporting Act, and two New Jersey statutes, the Consumer Fraud Act and the Identity Protection Act, as well as the rules of court, the suit claims. The plaintiffs seek compensatory, consequential, punitive, statutory and treble damages, as well as attorney fees and costs and five years of credit monitoring.
The alleged breach of privacy occurred when Olender Feldman filed another suit against Investors Bank in Superior Court in Union County, New Jersey. That suit, filed in July 2017, claimed Investors failed to detect that a cashier's check for $487,601 that was deposited by Olender Feldman in its account was fraudulent.
The confidential information was included as an exhibit to a certification by Shaune Anthony Brown, a vice president of Investors Bank, that was filed along with a motion seeking additional time to answer the complaint. The motion and related documents were filed by Richard Weltman of the firm of Chuhak and Tecson in Totowa, New Jersey, representing Investors Bank.
Before it received the cashier's check, Olender Feldman received an unsolicited email from a stranger seeking legal services, Investors Bank said in court papers. “Accepting what appeared to be extraordinary luck, Olender deposited the large cashier's check in the firm's bank account at Investors Bank,” the bank said. Before the check cleared, the stranger asked Olender Feldman to wire $228,900 to a bank account in Jakarta, Indonesia. The day after the wire transfer was made, Investors Bank contacted the law firm to state that the check was deemed fraudulent.
The bank immediately debited the Olender Feldman account for the $487,601 amount of the dishonored check, leaving the firm with a loss of $228,900. The firm asked the bank several times to reverse the charge back but the bank refused, according to court papers. Olender Feldman, which lists 19 attorneys on its website, claims in the state court case that the bank was negligent for failing to notify the firm that the check appeared suspicious.
The latest suit was removed to federal court by Weltman and another Chuhak & Tecson lawyer, Michele Jaspan, who did not respond to requests for comment about the litigation. An Investors Bank spokeswoman also did not respond to a request for comment. Michael Feldman of Olender Feldman, who represents his firm in both cases, said in an email, “As attorneys, and given the sanctity of a law firm's attorney trust account in this State, we are shocked and saddened that an authorized attorney trust account bank in New Jersey could or would ever unilaterally seize funds belonging to unrelated clients because it believes a law firm owes it money. We will be even more disturbed if such behavior is ultimately permitted by our Supreme Court. If these actions are allowed to stand, clients in New Jersey may need to reconsider the risk of placing funds in an attorney trust account. In this case, Olender Feldman quickly replenished the funds unilaterally seized by Investors Bank from its attorney trust account so as to assure no possible harm to our clients.”
Feldman said that after his firm filed an amended complaint in the first case, asserting claim for the data breach, Investors was granted a motion to dismiss that claim after arguing that the individual partners were the proper claimants for the breach. That prompted the filing of the second lawsuit, he said.
“We expect that Investors Bank will now need to obtain new counsel due to what appears to be a clear conflict of interest between Investors Bank and the firm that filed the certification at issue without redacting same as the attorneys and Investors Bank each failed in their respective independent duties to assure that this personal and sensitive information was not publicly filed,” Feldman said in the email.
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
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllAs AI-Generated Fraud Rises, Financial Companies Face a Long Cybersecurity Battle
Where CFPB Enforcement Stops Short on Curbing School Lunch Fees, Class Action Complaint Steps Up
5 minute readBank of America's Cash Sweep Program Attracts New Legal Fire in Class Action
3 minute readDOJ: TD Bank Agrees to Pay $3B Over Anti-Money Laundering Program Violations
2 minute readTrending Stories
- 1Call for Nominations: Elite Trial Lawyers 2025
- 2Senate Judiciary Dems Release Report on Supreme Court Ethics
- 3Senate Confirms Last 2 of Biden's California Judicial Nominees
- 4Morrison & Foerster Doles Out Year-End and Special Bonuses, Raises Base Compensation for Associates
- 5Tom Girardi to Surrender to Federal Authorities on Jan. 7
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250