Disbarred Attorney David Stern Settles Lawsuit

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Disbarred Attorney David Stern Settles Lawsuit

Disbarred Attorney David Stern Settles Lawsuit

Daily Business Review-

Disbarred Plantation foreclosure attorney David J. Stern has settled a lawsuit brought by the Chinese company that bought his back-office company operations for $60 million cash.

The confidential settlement was announced Tuesday in Broward Circuit Court, according to court filings.

DJSP Enteprises Inc., Chardan 2008 China Acquisition Group Corp. and DJS Processing LLC sued Stern in 2012, alleging he made fraudulent misrepresentations when selling exclusive rights to his back-office and foreclosure processing operations to the Chinese companies in 2010.

[DAILY BUSINESS REVIEW]

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