Atty Should Forfeit $5M From NFLer's Stock Scheme, US Says

Law360, New York (August 19, 2013, 3:25 PM EDT) -- U.S. prosecutors told a Florida federal judge Friday that a California attorney should forfeit $5.4 million he received by participating in an alleged scheme with former NFL player Willie Gault and others to artificially inflate a heart-monitoring device company's stock.

Attorney Mitchell J. Stein personally received $3.2 million from the fraud scheme and must forfeit the money following his May conviction, according to the U.S. Department of Justice. But the Justice Department also says that under federal law, Stein is responsible for $2.2 million that one...
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Case Information

Case Title

USA v. Stein


Case Number

9:11-cr-80205

Court

Florida Southern

Nature of Suit

Date Filed

December 13, 2011

Companies

Government Agencies

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