Mogul Says Lawyers 'Turned a Blind Eye'
Last edited Fri Jan 20, 2012, 03:54 PM - Edit history (1)
Mogul Says Lawyers 'Turned a Blind Eye'
WEST PALM BEACH (CN) - The former CEO of Reebok claims that after an accountant embezzled $17 million from his charitable foundation, a law firm "recklessly turned a blind eye" and helped the man invest the money in real estate, so it could collect more than $100,000 in legal fees.
Paul Fireman dba PFP Associates and the Paul and Phyllis Fireman Charitable Foundation sued the Cohen, Norris, Scherer, Weinberger and Wolmer law office and its partners: The Law Offices of Fred Cohen P.A., David Norris P.A., Robert Weinberger P.A., Kenneth Scherer P.A., Brent Wolmer P.A., Peter Ray P.A., Gregory Cohen P.A., James Telepman P.A., and Roger Stanton, in Palm Beach County Court.
Fireman claims his former accountant, nonparty Arnold Mullen, embezzled more than $17 million from his foundation.
The complaint states: "Although not directly engaged in the theft itself, the Cohen Firm and its lawyers are responsible for the damages caused to the Charitable Foundation and Fireman because among other things, their reckless actions aided Mullen and his former business partner, Lennard Kligler, in using the stolen funds to acquire an apartment complex located in Lake Worth, Florida for their own benefit.
http://www.courthousenews.com/2012/01/20/43194.htm
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