Cash Co. Receiver Seeks To Stall Eckert Malpractice Suit

By Matthew Santoni (June 14, 2021, 8:03 PM EDT) -- A court-appointed receiver for a cash-advance business wants to pause legal malpractice claims against Eckert Seamans Cherin & Mellott LLC for allegedly helping steer investors toward the business he's overseeing while it faces fraud claims from the U.S. Securities & Exchange Commission.

Ryan K. Stumphauzer of Stumphauzer Foslid Sloman Ross & Kolaya PLLC asked a Pennsylvania state court to let him intervene in the malpractice suit accusing Eckert Seamans and attorney John W. Pauciulo of "amateurish" due diligence before clearing financial adviser Dean Vagnozzi to recruit investors in Complete Business Solutions Group Inc.

Stumphauzer said the Florida federal court overseeing the...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!