Featured on 40:     Car Care     Lara in Brimfield     Road Trip: Woodstock     One-fund shirts     Weather Discussion    
share on facebook share on twitter
Just In
Numbers Drawn for the $600 Million Powerball Jackpot Read more
Crime Writer Wins Lawsuit Against Money Advisers

cornwall

BOSTON (AP) — Crime writer Patricia Cornwell has won nearly $51 million in a lawsuit against her former financial management company and a former principal in the firm.

The author best known for her series of novels featuring medical examiner Kay Scarpetta claimed that New York firm Anchin, Block & Anchin LLP was negligent in handling her finances and cost her millions in losses or unaccounted revenue.

Lawyers for the firm and former principal Evan Snapper say there was no money missing from Cornwell’s accounts. They blamed losses on the economic downturn and what they called Cornwell’s extravagant spending.

Cornwell says Anchin moved her from a conservative strategy to an aggressive one without her permission. She says she discovered in 2009 that her net worth was under $13 million, despite having eight-figure earnings in each of the previous four years.


Related Stories
Share this story
Email This Post
Comments
You must be logged in to post a comment. Need an account? Register here.

2 thoughts on “Crime Writer Wins Lawsuit Against Money Advisers

Leave a Reply