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The New Jersey Supreme Court will review a London-based real estate investor’s lawsuit accusing Fox Rothschild of improperly transferring $2.4 million from the firm’s attorney trust account to now-convicted Ponzi schemer Eliyahu Weinstein.

With a notice handed down Nov. 16 and made public Monday, New Jersey’s high court agreed to consider whether U.K. real estate investor Moshe Meisels can maintain his claims of conversion and breach of fiduciary duty against Fox Rothschild. Meisels alleged that he was bilked by Weinstein—who previously pleaded guilty to running a yearslong, real estate Ponzi scheme that caused $200 million in losses—and that more than $2.4 million he lost moved through Fox Rothschild’s attorney trust account.

The state high court’s review comes after an intermediate appeals court in June revived Meisels’ conversion claim against the law firm, while it also kept intact a trial court’s dismissal of the fiduciary breach claims.

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Scott Flaherty

Scott Flaherty, based in New York, covers the business of law with a focus on legal ethics, lawyer misconduct, conflicts-of-interest and litigation involving law firms. He can be reached at [email protected] On Twitter: @sflaherty18

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