David J. Stern Employs Gigantic Balls and Asks for Money in Possibly Shady Cases His Firm Handled

Categories: Economy
Stern with glasses.jpg
Stern, behind those handsome glasses, says he's owed big from his former clients.
Imagine the audacity of running a law firm like a mortgage document factory, with employees who routinely pushed through foreclosure documents without checking to be sure the homeowners even knew it was coming.

Then, after the whole firm come crumbing down in accusations of malfeasance, imagine the giant brass balls it'd take to sue the very banks the firm allegedly cheated by filing bogus paperwork.

That's what appears to have happened in the David J.  Stern saga. First, his former employees testified about the paperwork shortcuts they say they took, including falsifying documents meant to protect members of the military from having their homes foreclosed while they're off fighting a war. Now Stern has turned around and sued the banks that used to employ his firm, claiming they owe him millions.

As first reported by housingwire.com, Stern sued Bank of America and its paperwork subsidiary for $10.7 million, Aurora Loan Services for $5.3 million, Citigroup for $4.4 million, Nationstar Mortgage for $386,175, and the government-controlled Freddie Mac for $1.3 million.

That's $22 million Stern says he's owed on mortgage cases that may or may not have been filed with paperwork that breaks all kinds of state and federal laws. Homeowners may have been forced out of properties without being notified. Members of the military over killing, say, Osama Bin Laden could've had their homes foreclosed while they were on a helicopter flying into Pakistan. But sure, Stern's firm, which he's the sole partner of, deserves some dough.

What's Stern have to say about it? Nothing so far. The formerly big-spending attorney has declined to give interviews, and a woman who answered his cell phone Wednesday said "Can't help you" before hanging up.


Follow The Pulp on Facebook and on Twitter: @ThePulpBPB. Follow Eric Barton on Twitter: @ericbarton.
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19 comments
colorado disability lawyer
colorado disability lawyer

  When employees are injured on the job, they ere entitled to certain benefits including medical care, lost wages, permanent impairment, disfigurement, and permanent disability.  Unfortunately Workers’ Compensation is a very complicated, fast-paced, and technical – your claim and benefits can be closed, limited, or lost without your knowledge or permission.

colorado disability lawyer
colorado disability lawyer

 threre will be about 1 million new veterans added to the 22 million American veterans as active-duty service members leave the military over the next five years.This increase in veterans to serve means a larger budget for the Department of Veterans Affairs. President Barack Obama's proposed budget includes $140.3 billion for the VA to cover the 2012 fiscal year beginning Oct.

colorado disability lawyer
colorado disability lawyer

 

 When employees are injured on the job, they ere entitled to certain benefits including medical care, lost wages, permanent impairment, disfigurement, and permanent disability.  Unfortunately Workers’ Compensation is a very complicated, fast-paced, and technical – your claim and benefits can be closed, limited, or lost without your knowledge or permission.

parkland man
parkland man

once again it goes to show everybody what a fn pack of dirt bags lawyers really are,look at this stealing shit bird lawyer got shut down for stealing from everybody and now there trying to sue the banks wow banks and lawyers are all in this scandal together along with the judges,come on feds move in and lock them all up,these are very bad people and need to be taut a lesson,and sent to prison,bank of America needs to be shut down for stealing and these fn lawyers need to go to jail,all of them,not just the owner everyone who worked there they knew exactly what they were doing big time, send them sb lawyers to jail.

Boca Condo King
Boca Condo King

Sadly law firms run as mills are a fact of life in Florida.  The law firm was the lowest bidder which is why it got clients.  It then cut corners to make a profit.

You will find the same practises at large Workers' comp firms, auto accident attorneys etc.

The regulation of lawyers in Florida is a national disgrace. 

Patti Lynn
Patti Lynn

Hey Eric,

It must be time to jump all over the GUILTY plea by one of the principals in the Mutual Benefit viatical scam.  Now we may get to Klenet and Keechl,,,IF, in fact, they acted illegally.Sorry, I don't know how else to reach you.

Anon
Anon

I am an attorney and this attorney created an enterprise that was substantial.  A niche mortgage foreclosure practice.  But what happened that is the real story.  Was it poor management?  Was it incompetence? Was it greed?  Did someone know at the firm that the documents were falsified that was filed in the court?  Is someone going to jail?  What about all those young lawyers they hired what was the extent of their duplesity?

anonymous
anonymous

Hey Parkland Man,

It's "taught" a lesson, not taut...but that's okay because you're making so much sense. 

IrvingFeiner
IrvingFeiner

Well said, parkland man.  I agree with you 1,000%.  

Finally, we have proof that if you say something often enough, for a long enough time, eventually you will be right.

Kudos on the new pic of Stern, Eric.  Rumor is that he is a little camera shy.

anonymous
anonymous

Isn't that absolutely insane!?  The Florida Bar has to be ignored by everyone, it's a racket.  How can Rosenfeldt and Adler, Seidlin, Szfranski, Lippman, the list goes on...still be able to practice law?  Not even a slap on the wrist.  How can Keechl and Klenet not have lost their licenses?  Mike McNerney, still member in good standing?  The Florida Bar is a sham. 

nanook5
nanook5

 LAWYERS! I don't know if you know this but I really don't like lawyers!!!! In 1625 a Dutch lawyer named Jvargyoorskor  Jvardigan ate the entire population of China and was caught red-handed trying to blow up the Sun!!!!

The Pulp Blog
The Pulp Blog

 Hey Patti, please tell me more. You can reach me at 954-233-1570, or eric.barton@browardpalmbeach.com.

Guest
Guest

If you're an attorney, then you surely realize the Fla. Bar won't do anything about this.  They don't go after attorneys who have money to defend themselves.  Scott Rothstein was a perfect example.  After countless articles, everyone in S. Fla. knew Rothstein was into some serious fraudulent shit, the firm's trust account was cleared out, and Rothstein was in Morocco.  No emergency suspensions; not for Scotty or any of the other "partners" at the firm.  He voluntarily resigned.

Of course senior management at Stern's office knew what was happening with the fraudulent affidavits.  The associates would have noticed if any bothered to look at the file.  Check around on the internet for the depo transcripts.  People have testified under oath regarding what was happening with the fraud and notarization practices.  If someone said they weren't going along with it, they were told that someone else would, and they did.

You really think the bar is going to charge any attorneys on this so that it can blowback onto the judges who were/are letting the mill attorneys stamp their own orders?

nanook5
nanook5

 Stern's chief executive, Cheryl Samons, was singled out by almost all the employees depo'd as having been instrumental in the document forging process. This same Samons received luxurious gifts from Stern including a car. Some of these same employees quit because they were uncomfortable with what they were doing, and from what they described you've have to be a 3 year old child to not know what they were doing was illegal. But draw your own conclusions.So far no one has been indicted for anything, although to be sure they'll blame it all on the young lawyers if they can.

The Pulp Blog
The Pulp Blog

Firm employees have admitted they were asked to shuffle through bogus paperwork in order to move more cases. The worst of it, in my opinion, were the false records they filed claiming they had checked homeowners' names against a list of military personnel serving overseas. That's just dastardly.

Now there's a bigger question: Did Stern know this was going on, and is he still liable even if he didn't?

Barmember
Barmember

 Excellent post.  The Florida Bar needs to cede oversight to the Florida DPR.  Had Rothstein not voluntarily surrendered his law license, he still would have been practicing from jail. What happened to his firm's partners who, each year, certified compliance with the IOTA/Bar requirements and either 1) had no clue (not a defense) or 2) were lying.  Either way, it is a violation of the Florida Bar's Rules governing Professional Responsibility and each should be disbarred, pronto!  The Florida Bar leadership should be fired or they should get rid of the inept local committees who are protecting their own collective hides and clear out the corrupt lawyers before the public gets totally fed up.

anonymous
anonymous

He's liable and there's a special place in hell for him.  Watson, too.  When you think you've seen and heard the lowest of the lowest, Broward County will surprise you with a new unfucking believable greedy low.  No raising the bar in this town.  despicable people continue to lower the bar.  Shame don't live in Stern's life.

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