All articles tagged with #client theft
Disbarred lawyer Tom Girardi was sentenced to over seven years in prison for embezzling tens of millions from clients, including victims of accidents and disasters, after being found guilty of wire fraud; he was also ordered to pay restitution and a fine.
Tom Girardi, a once-powerful California attorney known for his wealth and influence, was sentenced to seven years in prison for stealing from clients, with allegations of extensive fraud reaching up to $100 million. The case highlights his exploitation of clients' trust for personal gain, damaging his reputation and the legal profession, while his health issues and age were discussed in court. Girardi plans to appeal his conviction.
R&CPMK has filed lawsuits in Los Angeles and New York against its former CEO, Mark Owens, accusing him of orchestrating an employee and client exodus to his new firm, 2pm Sharp. The suits allege that Owens and other former employees downloaded thousands of confidential files and breached their duty of loyalty, potentially causing significant revenue losses for R&CPMK. The company seeks the return of confidential information and damages, while Owens and 2pm Sharp have not commented on the litigation.