TD Bank confirmed that one of its hired lawyers provided incorrect information to a federal judge during a hearing tied to a $1.2 billion Florida Ponzi scheme.
Donna Evans, a lawyer at Greenberg Traurig, told a federal judge in Miami in January that TD Bank did not have a document called a “Standard Investigative Protocol,” according to a transcript filed Tuesday in the U.S. District Court for the Southern District of Florida. The unit of Toronto-Dominion Bank actually had the document and had given it to the court and plaintiff.
TD Bank also said it had replaced Greenberg Traurig with two new law firms to proceed with the case, filed as Coquina Investments vs. Rothstein. In January, a jury ordered TD Bank to pay $67 million for aiding and abetting in the Scott Rothstein Ponzi scheme in Florida.
Coquina has since filed a motion to penalize TD Bank further for altering another document. TD Bank has denied the charges and filed a motion to stay on Wednesday, requesting an emergency hearing in district court. The case, originally filed in May 2010, is among several ongoing investor lawsuits tied to Rothstein and TD Bank.