Posted May 17, 2012 12:29 pm CDT
Greenberg Traurig and its former bank client are fighting a request for sanctions alleging discovery misconduct in a suit filed by investors who lost money in convicted ex-lawyer Scott Rothstein’s Ponzi scheme.
The client, Toronto-Dominion Bank, was found liable for $67 million in January based on a finding that bank officials were aware of Rothstein’s false representations and “provided substantial assistance.” The contempt hearing today in Miami federal court focuses on whether the bank and Greenberg Traurig failed to turn over key documents, the Miami Herald reports.
A lawyer for the investors, David Mandel, also claims the bank “doctored” a document, blacking out a statement that Rothstein accounts were high risk, the story says. A different version of the document was produced in a separate case, he claims.
Greenberg Traurig and the bank did not respond to the newspaper’s questions about the allegations. A lawyer involved in the case has left the law firm, and it no longer represents the bank in the case.