Rothstein Victims Say Ch. 11 Plan Lets TD Bank Off Hook
By Carolina Bolado
Law360, Miami (May 13, 2013, 10:35 PM ET) -- The victims of Scott Rothstein's $1.2 billion Ponzi scheme on Monday attacked the amended Chapter 11 liquidation plan for Rothstein's law firm over its failure to remove a controversial provision barring investor suits against TD Bank NA over its alleged role in the scheme.
In a filing in Florida bankruptcy court, a group of TD Bank victims lambasted Rothstein Rosenfeldt Adler PA bankruptcy trustee Herbert Stettin for submitting a third plan that includes a bar order “that would deprive fraud victims of the opportunity to obtain...