Nobel Economists Stiglitz Asks $1 Million in Suit Against Ex-Divorce Lawyer

Economist Joseph E. Stiglitz filed a complaint against ex-divorce lawyer Rita M. Bank of Ain & Bank in Washington claiming that he “would have saved millions of dollars in legal fees, expert fees and future incomes and royalties [had] Bank filed his divorce in a timely manner in Washington or informed him of the legal costs of not accepting the settlement offers.” The trial, which will last six days, will include testimonies from Bank and Stiglitz.

Stiglitz originally sought $5 million and “suggested that he could testify as his own damages expert.” U.S. District Court Judge Leon rejected those requests and limited the amount of damages to $1.3 million.

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For the full article, check out: New York Divorce News