Crowell & Moring settles Arntsen embezzlement suits

Lawyer who allegedly stole millions from clients is seeking plea deal

Crowell & Moring can finally catch a breath now that the litigation surrounding one of its rogue lawyers has come to an end.

Yesterday, the law firm released a joint statement with three of its former clients—Aristone Realty Capital, BCN 16th St and Regal Real Estate—saying they had settled lawsuits alleging that former Crowell & Moring associate Douglas Arntsen embezzled a total of more than $7 million from the companies’ escrow funds. The statement did not provide details of the settlements.

Ashley Post

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