LI Attorney, Client Settle ‘Pay-to-Prosecute’ Lawsuit

April 13, 2015 – Media Mention
New York Law Journal

Herrick partner Scott Mollen is quoted on the front page of the New York Law Journal regarding a settlement in a $185 million dollar 'pay to prosecute' lawsuit involving Long Island attorney Robert Del Col and his client Ted Doukas, former Nassau County District Attorney Kathleen Rice, and DataTreasury Corporation and two of its executives. In the article, Scott, who advised DataTreasury, its founder Claudio Ballard and its general counsel Shepard Lane, commended the work of mediator, former federal judge Barbara Jones, who helped "[reduce] an enormous gap between the parties," while noting that "the settlement contemplates absolutely no admission or finding of any wrongdoing by any defendant." The article referred to a settlement amount that was approximately .007 percent of the claim.