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 at [email protected] 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 Group and 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. Please note that the prior results discussed herein do not guarantee similar outcomes.
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