Article

LA Firm May be Liable for Cash Grab


A Los Angeles law firm may be held liable for the conduct of one of its partners who removed bags of cash from a client’s condo, a California appeals court has ruled.

A receiver for a bankrupt company claims lawyer Robert Shapiro wanted the cash to secure his fee and post bail for a client before his assets were frozen, the Recorder reports.

Shapiro claims he was working independently when representing the client, who had been accused of defrauding life insurance investors.

Shapiro was a nonequity name partner with the firm, Christensen, Glaser, Fink, Jacobs, Weil & Shapiro.

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