Rothstein Victims Want $72M TD Bank Deal In District Court

Law360, Miami (June 28, 2013, 7:48 PM EDT) -- Victims of Scott Rothstein who are targeting TD Bank NA for its role in his $1.2 billion Ponzi scheme on Thursday asked for federal district court review of a proposed $72 million settlement that would block further litigation against the bank.

In a motion filed in the bankruptcy of Rothstein feeder fund Banyon 1030-32 LLC, the unsecured Rothstein creditors, who have pending state court actions against the bank, asked for the removal of the bankruptcy reference in the Banyon trustee's motion to approve the settlement because...
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