TD Bank Dealt $67M Verdict In Rothstein Fraud Suit

Law360, New York (January 18, 2012, 6:16 PM EST) -- A Florida federal jury on Wednesday slapped TD Bank NA with a $67 million verdict on claims it aided jailed lawyer Scott Rothstein’s $1.2 billion Ponzi scheme, a decision the plaintiff’s attorney called a resounding win for victims of the fraud.

The verdict, reached Wednesday afternoon after nearly four hours of deliberation, would resolve claims by investment firm Coquina Investments LLC that TD Bank — where Rothstein and his firm held several accounts that allegedly contained settlement payments and investor funds — duped investors into feeding...
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Case Information

Case Title

Coquina Investments v. Rothstein et al


Case Number

0:10-cv-60786

Court

Florida Southern

Nature of Suit

Racketeer/Corrupt Organization

Judge

Marcia G. Cooke

Date Filed

May 12, 2010

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