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Bowing to the inevitable, Scott Rothstein has formally requested his own permanent disbarment. The south Florida lawyer whose firm has dissolved under a cloud of scandal after a ponzi scheme run by Rothstein came to light sent the Florida Bar a written request to be disbarred rather than face a certain disciplinary hearing. In what can only be called a monumental understatement, the president of the Bar, Jesse Diner, said “”While the case is very complex, it became evident that bar rules may have been violated”.
Rothstein is accused of selling investors shares in structured settlements that did not exist.
