Tuesday, March 29, 2011

Florida AG Announces $2M Settlement With FC Law Firm

http://myfloridalegal.com/webfiles.nsf/WF/SKNS-8FAHED/$file/WatsonAVC.pdf

The Law Offices of Marshall C. Watson PA, a Fort Lauderdale, Fla.-based foreclosure attorney firm, has agreed to pay $2 million to settle allegations by the state's office of the attorney general that the firm improperly prosecuted foreclosure cases. Florida Attorney General Pam Bondi announced the settlement Friday. http://www.myfloridalegal.com/newsrel.nsf/newsreleases/478149A91AA0E2528525785E006C1EED


Florida led the nation in the investigation of law firms engaged in the improper production and filing of foreclosure documents. The Marshall Watson firm fully cooperated with the investigation since its inception. Half of the $2 million payment from Marshall Watson’s firm to the Attorney General’s Office will be contributed to the Florida Bar Foundation to continue the Florida Attorney General Mortgage Foreclosure Grant Program. This grant program provides for the funding of Legal Aid attorney positions throughout Florida specifically devoted to the representation of low-income individuals facing foreclosure actions.