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Attorney barred from practicing law for 2 years
Attorney News |
2010/09/04 07:33
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A attorney has been suspended by the South Carolina Supreme Court, barring him from practicing law in the state for two years. According to documents filed last month, Jeffrey Scott Holcombe of Irmo admitted misconduct and consented to the disciplinary action. The matter was brought before the Supreme Court by the state Office of Disciplinary Counsel. Holcombe admitted to the court he violated several provisions of the Rules of Professional Conduct to provide competent representation, acting with reasonable diligence and promptness and holding client property in his possession separate from the lawyer's own property. The court cited three matters in reaching its decision to suspend Holcombe from practicing law. Holcombe represented a client who had been injured on a cruise ship while he worked with one law firm. After leaving the firm, Holcombe's lack of action on the case caused the stature of limitations to run out on the client's claim against the cruise line. The court documents also showed Holcombe didn't notify another client of the outcome of his post-conviction relief matter. He also failed to respond to the Disciplinary Counsel's initial inquiry into the matter.
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Law firms join forces in Rothstein litigation
Legal Marketing |
2010/09/03 07:37
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Fort Lauderdale law firm Conrad & Scherer said it is joining forces with Miami law firm Kozyak Tropin & Throckmorton to recover millions of dollars lost to Scott Rothstein’s Ponzi scheme. William Scherer filed suit last year against Rothstein’s now-defunct firm, Rothstein Rosenfeldt Adler, on behalf of several defrauded investors. The suit seeks to recover $160 million from Rothstein’s $1.2 billion scheme. Kozyak Tropin & Throckmorton was brought in to “provide the additional expert attorneys and support staff we need to successfully pursue such a massive and complex court case,” Scherer said in a news release. Kozyak Tropin & Throckmorton specializes in complex commercial litigation and bankruptcy matters. Scherer’s lawsuit is believed to be the largest civil lawsuit in Broward County court history.
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Securities Arbitration / Litigation Lawyers
Legal Marketing |
2010/09/02 13:57
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Menzer & Hill, P.A. represents investors in the recovery of losses at the result of brokerage firms' failure to supervise their financial advisors who engage in unsuitable investment recommendations, the excessive trading of investors' accounts, inappropriate allocation of portfolio assets, misrepresentations and/or material omissions of fact resulting in fraud, negligence, breach of fiduciary duties, selling away, failure to advise their clients of risk management strategies and excessive use of margin.
In addition to their legal and arbitration experience, the attorneys and founding partners of Menzer & Hill, P.A. bring with them extensive securities industry experience which include in-house and chief corporate brokerage counsel, chief compliance officer supervising and regulating the practice of stockbrokers and financial advisors, as well as sales experience with advising clients and recommending the sale of securities and insurance. The attorneys and founding partners have essentially switched hats where they once represented the industry and broker-dealers, they now represent aggrieved investors. This yields a unique experience giving the firm intimate knowledge of the misconduct of brokers and the details and nuances of the securities and insurance products they recommend. Practice Areas
We represent clients in cases involving the following practice areas: |
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Mass. man accused of killing kin pleads not guilty
Headline Legal News |
2010/09/02 13:53
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A Massachusetts man accused of killing his wife, two children and mother-in-law pleaded not guilty Thursday to four counts of first-degree murder as a prosecutor described how he left two copies of a letter confessing to the slayings. Thomas Mortimer IV was arraigned in Woburn Superior Court on Thursday following his indictment last week. He had previously entered not guilty pleas in district court and has been held without bail since his arrest following the killings in June. Mortimer frowned as he listened to a clerk read an indictment charging him in the murders of his wife, 41-year-old Laura Stone Mortimer, mother-in-law, 64-year-old Ellen Stone, and two children, 4-year-old Thomas Mortimer V, and 2-year-old Charlotte Mortimer. He did not look at his wife's family members, seated in the front row of the courtroom. The family was found beaten and stabbed to death in their Winchester home. District Attorney Gerard Leone has said that the slayings followed a fight and "ongoing marital discord." Leone said there were signs that Mortimer attempted suicide at the home.
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"Quote stuffing" a focus in flash crash probe
Topics in Legal News |
2010/09/02 10:52
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U.S. regulators probing the May flash crash are focusing on a trading practice known as "quote stuffing", in which large numbers of rapid-fire orders to buy or sell stocks are placed and canceled almost immediately. CFTC commissioner Scott O'Malia told Reuters on Thursday that the futures regulator was reviewing data from Nanex LLC, a trade database developer that issued a study suggesting that computer algorithms used quote stuffing to gain an edge during the May 6 crash. The U.S. Securities and Exchange Commission, which is investigating the crash jointly with the Commodity Futures Trading Commission, is looking at quote stuffing and something called "sub-penny pricing", a person familiar with the flash crash probe said. The Nanex study uses market graphics and playful names to illustrate quote stuffing, arguing that high-frequency trading firms do this to flood the marketplace with bogus orders to distract rival trading firms. Investors could make trades under the false impression that those orders were legitimate, only to see liquidity disappear and the market move against them when the orders are canceled -- all in the blink of an eye.
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