Wednesday, April 16, 2014

Securities Lawyers Gone Wild l Russell Adler Charged

On March 7, 2014, Russell Adler, a former name partner in Scott Rothstein’s now-defunct law firm was criminally charged for funneling illegal campaign contributions to Senator John McCain and Florida gubernatorial candidate Charlie Crist.  Adler was charged with a single count of conspiracy to violate
the Federal Election Campaign Act.  The charge carries a maximum five-year sentence. Federal sentencing guidelines mean that Adler could serve from 1.5 years to 3 years in federal prison.
Russelll Adler was a named partner in Rothstein Rosenfeldt Adler until Rothstein’s scheme unraveled.  According to the Justice Department, Adler assisted Rothstein in making hundreds of thousands of dollars of campaign contributions.  According to the charges, Rothstein reimbursed Adler nearly $300,000 including at least $239,000 in contributions to Crist’s failed 2010 Senate campaign.
A change of plea hearing is set for April 4, 2014.
For further information about this securities law blog post, please contact Brenda Hamilton, Securities Attorney at 101 Plaza Real S, Suite 202 N, Boca Raton Florida, (561) 416-8956, by email atinfo@securitieslawyer101.com or visit www.securitieslawyer101.com.   This securities law blog post is provided as a general informational service to clients and friends of Hamilton & Associates Law Groupand should not be construed as, and does not constitute, legal and compliance advice on any specific matter, nor does this message create an attorney-client relationship. For more information about going public and the rules and regulations affecting the use of Rule 144, Form 8K, crowdfunding, FINRA Rule 6490Rule 506private placement offerings and memorandums, Regulation A, Rule 504 offerings, SEC reporting requirements, SEC registration statements on Form S-1 IPO’s, OTC Pink Sheet listings, Form 10OTCBB and OTC Markets disclosure requirements, DTC Chills, Global Locks, reverse mergers, public shells, direct public offerings and direct public offerings please contact Hamilton and Associates at (561) 416-8956 or info@securitieslawyer101.com. Please note that the prior results discussed herein do not guarantee similar outcomes.
Hamilton & Associates | Securities Lawyers
Brenda Hamilton, Securities Attorney
101 Plaza Real South, Suite 202 North
Boca Raton, Florida 33432
Telephone: (561) 416-8956
Facsimile: (561) 416-2855
www.SecuritiesLawyer101.com

No comments:

Post a Comment