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Sent: Sat 5/7/2011 7:57:07 PM
Stuart Rosenfeldt settles with money from IRS
South Florida Business Journal - by Paul Brinkmann
Date: Thursday, May 5, 2011, 1:43pm EDT
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Stuart Rosenfeldt
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• Paul Brinkmann
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This is a real shocker: Ponzi schemer Scott Rothstein's former law partner, Stuart Rosenfeldt, is owed a
refund of $3.97 million by the IRS for reasons no one is explaining.
Rosenfeldt has agreed to settle a $10 million lawsuit against him for the relatively small sum of $1.6 million,
which will come entirely from the bizarre tax refund he is apparently due.
Those facts were disclosed Thursday in a settlement agreement filed in the bankruptcy of Rothstein and
Rosenfeldt's former law firm, Rothstein Rosenfeldt Adler.
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The bankruptcy trustee had alleged in a lawsuit that Rosenfeldt was overpaid, and received loans and gifts with
money from Rothstein's $1.2 billion Ponzi scheme.
Rosenfeldt's attorney, Bruce Lehr, said the settlement was made with no admission of guilt by Rosenfeldt,
who is still a practicing attomey.
Chuck Lichtman, the attorney for the trustee, said he could not elaborate much on the settlement, but said
Rosenfeldt was apparently due the money from the IRS because he had somehow overpaid taxes during his
career at RRA.
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