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Fox Rothschild Didn't Protect $2.4M Escrow Funds, Court Told

Law360, Trenton (July 18, 2017, 5:26 PM EDT) -- A U.K.-based investor scammed by now-convicted New Jersey Ponzi schemer Eliyahu Weinstein urged a state appeals panel Tuesday to revive his fraud case against Fox Rothschild LLP, arguing the firm had a duty to protect $2.4 million he placed in escrow for an ill-fated real estate deal.

Arguing before the Appellate Division panel in Trenton, attorney Brian Condon said that since his client, Rabbi Moshe Meisels of London, and Weinstein had agreed that the funds for an Irvington, New Jersey, investment property they were going to buy would be held in a Fox Rothschild trust account, responsibility for it fell to the...

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