Victims of Massachusetts' Attorneys -- Awards 2009
The Massachusetts Clients' Security Board (CSB) is a panel of attorneys, appointed by the Supreme Judicial Court. They are entrusted with a never ending source of money - a portion of all registered Massachusetts attorneys' annual fees! Unfortunately, the CSB's job is never ending as well - to "manage and distribute the monies in the Fund to members of the public who have sustained a financial loss caused by the dishonest conduct of a member of the bar acting as an attorney or a fiduciary."
In the CSB annual report, filed on August 31, 2009, the total amount awarded was $1,328,039, a decrease of 50% from their 2008 fiscal year. On the other hand, the total number of claims decided, 116, was up 30% from last year. The largest single award was $243,498.00; the smallest, $365.00.
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