Ponzi Victims Slam Rothstein's $72M Ch. 11 TD Bank Deal

Law360, New York (March 14, 2013, 5:06 PM EDT) -- Scott Rothstein’s Ponzi scheme victims piled on his firm’s Chapter 11 plan Wednesday, targeting a $72 million settlement with TD Bank NA that allegedly gives the bank too much power over payments to creditors while shielding it from suits over its own alleged role in the $1.2 billion scheme.

In more than a dozen objections filed in Florida bankruptcy court, the scheme’s victims and creditors of the bankrupt Rothstein Rosenfeldt Adler PA decried the TD Bank settlement as an "unfair and inequitable" deal that too easily...
To view the full article, register now.



Case Information

Case Title

Rothstein Rosenfeldt Adler, PA

Case Number



Florida Southern

Nature of Suit

Date Filed

November 10, 2009

Law Firms


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.