David H. Rich was quoted in the July 25, 2015, issue of The Boston Globe in a front page article regarding criminal fraud charges lodged against Carlton Cabot for fraud, money laundering and other charges related to the alleged theft of over $17 million from investors in his commercial real estate company.
Preet Bharara, the U.S. Attorney in New York, alleged that Cabot and his business partner stole from investors to pay for personal and business expenses, including luxury apartments in Manhattan and Miami, and tuition for two of Cabot's children, according to the article.
Cabot's sister, Melanie Cabot, is involved in a lengthy civil lawsuit with former business partners over a book of maps they sought to publish and she is accused of attempting to steal.
Mr. Rich, speaking on behalf of his clients, Melanie Cabot's former business partners, told the Globe: "This has been a 10-year journey, and, for their perspective, a journey to get to the truth. They've alleged in the lawsuit that Ms. Cabot violated her legal obligations to them separately by usurping corporate property for personal gain."
Mr. Rich focuses his civil litigation practice on complex business and commercial litigation, First Amendment law, and employment law.