Parker Chapin Flattau & Klimpl, LLP

New York, NY: (Jun-26-07) Parker Chapin Flattau & Klimpl, LLP, a former prominent Manhattan law firm, was charged with committing a "wanton and reckless or malicious act" by a New York City jury, who ruled after a six-day trial. The suit alleged that Henry I. Rothman, Esq., a Parker Chapin partner who now heads the Israeli Practice Team at the Manhattan office of international law firm Troutman Sanders, LLP, secretly represented one businessman from a three-person partnership which already was the firm's client in connection with a lucrative new Israeli investment banking opportunity valued at more than $42 million. The jury ruled in the breach of fiduciary duties case. In a settlement reached, the court ordered the firm to pay $5 million in punitive and $2 million in compensatory damages to their former client. [PR WEB: LAWYER DUTIES]

Legal Help

If you have a similar problem and would like to be contacted by a lawyer at no cost or obligation, please click the link below.
Published on Jul-1-07