In the latest ethical embarrassment for Greenberg Traurig, the former chairman of the tax practice at the 1,600-lawyer firm has resigned from the bar for taking over $1.2 million in kickbacks on tax shelters he recommended to wealthy clients. Between 1999 and 2002, Jay I. Gordon steered a number of clients to tax shelter sponsors who in turn directly paid Gordon "referral fees." Gordon admitted in his affidavit of resignation that he had informed neither his client nor his firm of the referral fees.
Ex-Greenberg Tax Chief Resigns Over Kickbacks
New York Law Journal
November 15, 2006
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