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.
November 15, 2006 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
The former chairman of the tax practice at Greenberg Traurig has resigned from the bar for taking over $1.2 million in kickbacks on tax shelters he recommended to wealthy clients.
The incident is the latest ethical embarrassment for 1,600-lawyer Greenberg Traurig. Though largely not itself accused of wrongdoing, the Miami-based firm has recently dealt with the scandal surrounding lobbyist Jack Abramoff and has also seen some partners accused of self-dealing and other questionable conduct.
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