When one of Atlanta’s largest residential real estate closing firms, Morris Hardwick Schneider (MHS), accused majority owner Nathan Hardwick IV of embezzling $30 million from the firm in an Aug. 25 lawsuit, the news shocked the legal and residential real estate communities.
New filings in suits from two investors trying to recover $5 million in loans that were used to cover MHS’s escrow account shortfalls give for the first time Hardwick’s account of what happened after the shortfalls were discovered in July.
