The bankruptcy trustee for the defunct Rothstein Rosenfeldt Adler law firm has reached settlements with an investment adviser for $6 million and with a former RRA attorney for $700,000. Investment adviser Michael Szafranski, who acknowledges being a conduit for money transfers but denies any knowledge of Scott Rothstein's $1.2 billion Ponzi scheme, also agreed to a $32.5 million judgment, which equals an asset freeze ordered by a U.S. bankruptcy judge.
July 16, 2010 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The bankruptcy trustee for the defunct Rothstein Rosenfeldt Adler law firm has reached settlements with an investment adviser for $6 million and with a former RRA attorney for $700,000.
The $6 million comes from an investment adviser who acknowledges being a conduit for money transfers but denies any knowledge of Scott Rothstein’s $1.2 billion Ponzi scheme.
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