Fla. Bar Expels Rothstein, Eyes 4 Others In Firm

Law360, New York (November 25, 2009, 5:23 PM EST) -- Four lawyers are under investigation and one has been permanently disbarred as the fallout from a $1 billion Ponzi scheme in Florida continued Wednesday.

The state's Supreme Court permanently disbarred Scott W. Rothstein, the fallen Ft. Lauderdale celebrity lawyer, after he stopped practicing and requested disbarment in the face of action by the Florida Bar and federal investigations into his role in the alleged scheme.

Rothstein is accused in a federal lawsuit of misappropriating funds from his firm, promising potential investors big returns on structured funds...
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