TD Bank Argues Against Remand Of Rothstein Investor Case
By Nathan Hale
Law360, Miami (April 19, 2013, 8:53 PM ET) -- TD Bank NA urged a Florida bankruptcy judge on Thursday not to remand an investor suit claiming the bank aided attorney Scott Rothstein in his $1.2 billion Ponzi scheme, saying a bankruptcy judge erred in his findings that the case belongs in state court.
The bank argues in an objection that the bankruptcy judge was wrong to say that there has been significant activity in the action, filed in November by a group of 38 Rothstein investors led by lead plaintiff Don Beverly. It also argues...