Crowell & Moring Settles 3 Suits Over Ex-RE Atty's Theft

Law360, New York (May 23, 2012, 6:56 PM EDT) -- Crowell & Moring LLP has settled three lawsuits launched by real estate agencies who claimed a former firm attorney stole millions from their escrow accounts — for which he is facing criminal charges — or bungled valuable sales, the firm said Tuesday.

The firm did not provide any details of the settlements. Its former clients, Aristone Realty Capital LLC, BCN 16th St LLC and Regal Real Estate LLC, said in court filings that they wish to discontinue the actions with prejudice and without costs to either...
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