Legal Tech News and Events: May 16, 2022

May 16, 2022

NJ based Law Firm sued Bank

Sapiro Gottlieb & Kroll, a New Jersey-based law firm has filed a state lawsuit against TD Bank N.A. after it allegedly stole $200,000 from the firm’s attorney. According to the suit, a username and password were set up by the fraudsters that enabled them to snag $202,660 between July 6 and July 15, 2021. The firm’s partner, Lawrence Kroll, has noticed the anomalies while checking the account status online and not until then did the law firm have known what had happened.

The law firm has sought reimbursements however, they were left disappointed as the bank has rejected their request. This action has resulted in a pushback as Sapiro Gottlieb & Kroll claim that the incident is a breach of “contractual obligations”.

Event This Week: Compliance Week 2022

Coming this week is the industry’s premier event, Compliance Week 2022. Every year, senior risk and compliance professionals, federal regulators, and influential leaders get together in Washington D.C. From May 16-18, 2022, attendees are sure to learn more about data privacy, compliance analytics and technology, the role of compliance officers, and the hybrid workplace. Keynote speakers include US SEC Commissioner Allison Herren Lee, US SEC Commissioner Allison Herren Lee, and Assistant Attorney General Kennet Polite Jr. 

Learn about what we do. InfiniGlobe is a consulting and software company that specializes in helping corporate legal departments and law firms. Reach out to us at info@InfiniGlobe.com or at (833) LGL-TECH.

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