Fla. lawyer suspected in $1B fraud losing license

National News

A South Florida lawyer suspected of operating a $1 billion Ponzi scheme is asking for his own disbarment.

A Florida Bar committee has approved the disbarment request submitted by attorney Scott Rothstein. A spokeswoman said Wednesday the final decision must be made by the state Supreme Court.

The FBI says Rothstein sold investments in legal settlements that did not exist. The total amount lost could top $1 billion. No criminal charges have been filed yet.

Once disbarred, Rothstein would no longer be allowed to serve on a panel that nominates appeals court judges. Gov. Charlie Crist appointed Rothstein to that panel in 2008. Rothstein was a major contributor to Crist and many other high-profile politicians nationwide.

Related listings

  • Chavez says Obama did "nothing" to deserve Nobel

    Chavez says Obama did "nothing" to deserve Nobel

    National News 10/12/2009

    CARACAS (Reuters) - Venezuela's socialist leader Hugo Chavez said on Sunday that U.S. President Barack Obama had done nothing beyond wishful thinking to earn the Nobel Peace Prize. Chavez, who has mixed praise for Obama personally with criticism of h...

  • Obama's nominees for federal court vacancies

    Obama's nominees for federal court vacancies

    National News 10/02/2009

    A look at President Barack Obama's nominees to fill federal court vacancies:___NOMINEES CONFIRMED_ Sonia Sotomayor, Supreme Court, nominated June 1, confirmed Aug. 6._ Gerard Lynch, 2nd Circuit, nominated April 2, confirmed Sept. 17._ Jeffrey L. Vike...

  • Justices Meet Early for Campaign-Finance Case

    Justices Meet Early for Campaign-Finance Case

    National News 09/08/2009

    According to Courthouse News, the Supreme Court ended its summer recess early this year to consider a case that could decide the future of campaign-finance law. The justices will decide whether a conservative nonprofit group should have been blocked ...

Grounds for Divorce in Ohio - Sylkatis Law, LLC

A divorce in Ohio is filed when there is typically “fault” by one of the parties and party not at “fault” seeks to end the marriage. A court in Ohio may grant a divorce for the following reasons:
• Willful absence of the adverse party for one year
• Adultery
• Extreme cruelty
• Fraudulent contract
• Any gross neglect of duty
• Habitual drunkenness
• Imprisonment in a correctional institution at the time of filing the complaint
• Procurement of a divorce outside this state by the other party

Additionally, there are two “no-fault” basis for which a court may grant a divorce:
• When the parties have, without interruption for one year, lived separate and apart without cohabitation
• Incompatibility, unless denied by either party

However, whether or not the the court grants the divorce for “fault” or not, in Ohio the party not at “fault” will not get a bigger slice of the marital property.

Business News

New York Adoption and Family Law Attorneys Our attorneys have represented adoptive parents, birth parents, and adoption agencies. >> read
DuPage IL worker's comp lawyers Since 1962, the law firm of Krol, Bongiorno & Given, Ltd. has been a leader in the field of workers’ compensation law in DuPage, Illinois. >> read