Rothstein Rosenfeldt Sues Partner Over Ponzi Scheme

Law360, New York (November 3, 2009, 5:45 PM EST) -- South Florida firm Rothstein Rosenfeldt Adler PA appears to have come undone after equity partner Stuart A. Rosenfeldt filed a suit strongly suggesting the firm's other principal — political impresario and local celebrity Scott W. Rothstein — is engulfed in a multimillion-dollar Ponzi scandal.

The complaint, filed Monday in the Circuit Court for the 17th Judicial Circuit of Broward County, says the 70-lawyer firm learned that Rothstein, the managing partner and CEO, appears to have orchestrated a "substantial misappropriation of funds" from investor trust accounts that...
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