Law firm sues Vegas casino for refund of $3.4M they say partner transferred for gambling
The casino of the Cosmopolitan hotel in Las Vegas. Kobby Dagan / Shutterstock.com
A Georgia real estate boutique has filed a federal lawsuit against a high-end Las Vegas casino hotel, seeking a refund of some $3.4 million they say a former managing partner transferred there for gambling.
Former name partner Nathan Hardwick IV was invited by the Cosmopolitan in 2012 to open an account there, Morris Schneider Wittstadt says in the Las Vegas suit, but the casino should have known better than to accept the money he sent, which was misappropriated from the firm. The suit accuses the casino of aiding and abetting Hardwick’s breach of fiduciary duty and says the Cosmopolitan was unjustly enriched by keeping the funds, the Las Vegas Review-Journal reports.
“All of the wire transfers from the firm’s accounts to the Cosmopolitan contained information that put the Cosmopolitan on notice of the improper nature of the wire transfers and the fact that the Cosmopolitan was not entitled to accept or retain the transferred funds,” the complaint alleges.
The casino declined to comment when contacted Tuesday by the newspaper.
Related coverage:
ABAJournal.com: “Former managing partner embezzled $30M from law firm and affiliated title company, suit says”
Daily Report (sub. req.): “Hardwick Says He Was Rainmaker, Not Embezzler, at MHS”
See also:
ABAJournal.com: “PGA star claims law firm stole $3M to help cover shortfall after managing partner embezzlement”
Daily Report (sub. req.): “Court Grants $2.6M Judgment Against Morris Schneider Wittstadt in Hotly Contested Loan Case”
