Missing Atty Who May Have Stolen Millions Suspended In Fla.

Law360, New York (April 19, 2013, 5:25 PM EDT) -- The Florida Supreme Court on Thursday suspended the law license of a missing McCabe & Samiljan LLC partner who is currently under federal and local police investigation after several million dollars' worth of client funds recently disappeared from the foreclosure defense firm.

The emergency suspension against Timothy McCabe, 55, prohibits him from accepting new clients, representing existing clients and withdrawing money from client trust accounts without Supreme Court approval, among other demands.

The suspension comes after the Florida Bar on Tuesday filed a petition for McCabe's...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.