Scott Rothstein, a one-time run-of-the-mill labor and employment attorney turned larger-than-life power broker, was sentenced today to 50 years in federal prison for engineering one of Florida’s biggest investment scams.

U.S. District Judge James Cohn in Fort Lauderdale, Fla., imposed a longer term than both the prosecution and defense suggested for the $1.2 billion Ponzi scheme, which cost about 400 victims a total of $400 million.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]