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Feds implicate Troutman Sanders real estate chair in $50 million kickback scheme
A banner week for lawyers behaving badly got even more interesting on Tuesday when Troutman Sanders real estate practice chair Leonard Grunstein was named in a complaint filed by federal prosecutors in Boston.The complaint alleges that Grunstein, wealthy real estate investor Rubin Schron, and investment banker Murray Forman participated in a scheme to accept $50 million in kickbacks from Covington, Ky.Troutman partner to take leave
The head of Troutman Sanders' real estate investment and capitalization practices has taken a leave of absence from the firm in the wake of a civil complaint filed by the U.S. Justice Department naming him as an alleged participant in a $50 million kickback scheme associated with the 2004 acquisition of Atlanta-based Mariner Health Care Inc.TRENDING STORIES
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