Rothstein Trustee Sues Firm's GC For $38M

Law360, New York (October 27, 2011, 9:32 PM EDT) -- The Chapter 11 trustee for convicted Ponzi schemer Scott Rothstein's law firm sued the firm's general counsel in Florida on Thursday, seeking at least $37.8 million for his alleged participation in the scheme.

Trustee Herbert Stettin claims Boden was a co-conspirator in Rothstein's plot, in which prospective investors and lenders paid sums to fictitious Rothstein Rosenfeldt Adler PA clients, who had supposedly reached large settlements, in exchange for receiving the total settlements themselves over time.

Boden was in charge of verifying settlements by confirming signatures on...
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