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.
