Investors Try To Drag Rothstein Firm Into Ch. 11

Law360, New York (November 11, 2009, 3:10 PM EST) -- A group of investors has joined forces in a Southern Florida bankruptcy court in an attempt to force Rothstein Rosenfeldt Adler PA into an involuntary bankruptcy in the wake of revelations of an alleged Ponzi scheme purportedly orchestrated by the firm's CEO.

On Tuesday, attorney Jeffrey Sonn of Sonn & Erez filed an involuntary petition in the U.S. Bankruptcy Court for the Southern District of Florida on behalf of investors Roger Wittenberns, Bonnie Barnett, Aran Development Inc. and Universal Legal.

Wittenberns, whose name appears on the...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.