An Atlantic City, New Jersey, law firm is accused in a suit of taking $836,839 held in trust for a client to pay the personal expenses of a third party.

Callaghan, Thompson & Thompson and one of its principals, Brian K. Callaghan, allegedly accepted the funds on behalf of a Manasquan, New Jersey, law firm, Keating & Associates, which sought representation in connection with a deal to purchase the Revel Casino Hotel in Atlantic City, according to the suit, which was filed in Monmouth County Superior Court.