Accused Ponzi Lawyer Waives Potential Atty Conflicts

Law360, New York (January 14, 2010, 5:48 PM EST) -- Scott W. Rothstein has opted to keep as his attorney an ex-shareholder at his now-defunct firm, despite the government's contention that Marc Nurik might have conflicts of interest in representing the accused $1.2 billion Ponzi schemer.

In the U.S. District Court for the Southern District of Florida on Wednesday, Rothstein waived potential conflicts involving Nurik's professional ties to former colleagues who might also be swept up in the government's probe.

“I understand that I have the right to be represented by a lawyer ... who has...
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