Michael Kwasnik, a New Jersey lawyer charged with stealing $1.5 million from clients, suffers a setback in his effort to gain control of a bank that reported his firm to ethics authorities.
May 01, 2012 at 06:14 PM
1 minute read
Michael Kwasnik, a lawyer charged with stealing $1.5 million from clients, suffered a setback Tuesday in his effort to gain control of a bank that reported his firm to ethics authorities.
The Appellate Division upheld a decision by the Department of Banking and Insurance that denied a shareholder group, consisting largely of Kwasnik and his relatives and friends, access to Liberty Bell Bank records.
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