Legal Daily News Feature

Florida Attorney Requests Disbarment

By Christine Cristiano In a bizarre twist, Florida attorney Scott Rothstein, who allegedly was the soul mastermind behind a $1 billion dollar Ponzi scheme, has requested to be disbarred. According to the FBI, Rothstein sold bogus investments, although no charges have been officially laid. Earlier this month, Rothstein was removed from a grievance committee by the Florida Bar and an investigation was launched.

11/19/09 According to Rothsteins attorney, Mark Nurik, Rothstein consented to disbarment because he thinks its the right thing to do. A Florida Bar committee has approved Rothsteins request for disbarment, but the final decision will be made by the Florida Supreme Court. According to The Florida Bar spokesperson, Francine Walker, Rothsteins disbarment wont be official until the Florida Supreme Court acts on it. Walker noted that despite Rothsteins disbarment, he could still remain on the Judicial Nominating Commission because all of the members do not

have to be lawyers. Rothstein was appointed to the post in 2008 by Gov. Charlie Crist and is allowed to remain on the commission until he is charged or resigns according to Gov. Crist spokesperson, Sterling Ivey. Last year, Rothstein was fined $1,500 by The Florida Commission on Ethics for failing to submit his financial disclosure statement which is a requirement for all members of the committee. The law firm of Rothstein Rosenfeldt Adler spiralled into financial ruin as a direct result of Rothsteins ponzi scheme. The law firm employed over 70 attorneys and had offices in West Palm Beach, Miami, Boca Raton, New York, and Caracas, Venezuela.

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