Ethics authorities have recommended a reprimand for Lawrence Schwartz, a founding partner at Schwartz, Simon, Edelstein & Celso, for failing to supervise an employee who stopped paying taxes while the firm was in financial straits.
Schwartz, as managing partner, "neglected to oversee a business office operation that was consistently failing to withhold and pay over to the IRS … at times well in excess of one million dollars," the Disciplinary Review Board said Monday in Matter of Schwartz, DRB 12-70.
