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dixiegrrrrl

(60,010 posts)
Fri Jun 13, 2014, 04:53 PM Jun 2014

Major foreclosure law firm just got hit by the Karma train.

Thanks to DU's own ms. smiler for this ....


Tables are turned for foreclosure law firm
(Helped along the road to ruin by one of its executives, to boot)

A law firm that profited for years by helping banks foreclose on Massachusetts homeowners is learning what it feels like to be on the receiving end of the boot.

Woburn-based Connolly, Geaney, Ablitt & Willard employed approximately 150 people earlier this year and, at one point, billed up to $100,000 a day, according to internal documents and emails obtained by Lawyers Weekly.

Now the well-known foreclosure firm is facing eviction following several tumultuous months that saw forensic accountants investigating its books and the firm bouncing checks, failing to pay employee insurance premiums, and laying off the majority of its lawyers, paralegals and other staff en masse. Meanwhile, a Florida whistleblower lawsuit against the firm is scheduled to go to trial later this year.

Many of the problems surfaced with the departure of the firm’s chief financial officer, Robert F. Feige, in February. Feige’s checkered past includes numerous allegations and findings of financial misdeeds. For example, a federal consent judgment in 2009 required him to restore more than $25,000 to Michael Benes Communications’ 401(k) plan and barred him from overseeing retirement plans in the future. The U.S. Department of Labor had accused Feige of failing “to forward employee salary deferrals to the plan and to take prudent steps to collect contributions owed to the plan,” according to a DOL summary of the case.

While partner Kevin P. Geaney steadfastly insists that Connolly, Geaney, Ablitt & Willard “is presently growing and is clearly moving in a positive direction for the future,” former employees, public records and other documents tell a different story.

http://masslawyersweekly.com/2014/06/12/tables-are-turned-for-foreclosure-law-firm/

Sha na-na-na-na.......hey hey goodbye.............
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Major foreclosure law firm just got hit by the Karma train. (Original Post) dixiegrrrrl Jun 2014 OP
good Liberal_in_LA Jun 2014 #1
nuff said tomm2thumbs Jun 2014 #2
Hah! Beat me to it! neverforget Jun 2014 #3
yup, for the ones who deserve it most, it works the best ... hahahah tomm2thumbs Jun 2014 #4
ROTFLMAO!!! OldRedneck Jun 2014 #5
Warm up the tar. I'll get the feathers. nm rhett o rick Jun 2014 #6
A foreclosure firm that was screwing over homeowners dixiegrrrrl Jun 2014 #7

dixiegrrrrl

(60,010 posts)
7. A foreclosure firm that was screwing over homeowners
Fri Jun 13, 2014, 08:24 PM
Jun 2014

in turn got screwed over by one of its own execsa....ya gotta love it!

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