Rothstein Leaves Fla. Bar In Midst Of Ponzi Scandal

Law360, New York (November 18, 2009, 2:27 PM EST) -- The Florida lawyer accused of running a $1 billion Ponzi scheme based on nonexistent legal settlements has given up his license to practice law in the state.

Scott W. Rothstein, formerly of the South Florida firm Rothstein Rosenfeldt Adler PA, agreed to surrender his membership in the Florida Bar on Tuesday, bar spokeswoman Francine Walker said Wednesday.

Disbarment must be ordered by the Supreme Court of Florida. Rothstein's request for disbarment on consent and the Florida Bar’s petition for its approval have been sent to the...
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