Lincoln Financial Fired
Lesnik After His Wells Fargo Bankruptcy Now
Jan 2021 Trial Date
By Matthew
Russell Lee, Exclusive Patreon
BBC
- Decrypt
- LightRead - Honduras
-
Source
SDNY COURTHOUSE,
June 22 -- Jeffrey Lesnik was
a stock broker working for
Lincoln Financial Advisors
Corporation when they fired
him in November 2017, he says
because he had filed a
bankruptcy petition due to
misdeeds by Wells
Fargo.
Jump-cut to
February 28, 2020, when
Lesnik's lawsuit against
Lincoln Financial, reassigned
to Judge Lewis J. Liman, still
relatively new in the U.S.
District Court for the
Southern District of New York,
came up for a status
conference.
Lesnick's
lawyer Seamus P. Barrett of
the Derek Smith Law Group PLLC
said he too might file a
motion for summary judgment.
Judge Liman said, if you want
to spend your client's money
that way.
Barrett replied, We work on a
pure contingency fee basis, so
we only file a motion if we
think we will prevail.
Judge
Liman replied that whether
counsel before him are paid by
the hour or on contingency, he
presumes they have a basis for
the motions they file, under
Rule 11, until he's shown
differently.
Barrett
brought up the possibility of
Judge Liman referring the case
to a Magistriate Judge for
settlement talks. Judge Liman,
with Inner City Press openly
in the otherwise empty
gallery, asked the parties if
they agreed to have the court
reporter stop transcribing.
They did.
Lincoln
Financial's lawyer said her
client is willing to negotiate
but that Plaintiff is asking
for too much. Then she named
the figure, which for now we
omit in this format. More on
Patreon here.
Now on June
22 Judge Liman held another
proceeding, which Inner City
Press also covered. Judge
Liman explained that an August
trial in this civil trial is
not going to happen. He set
January 18, 2021 as a
placeholder. Inner City Press
will continue to cover this
case.
But
Lincoln Financial's lawyer was
implacable. Judge Liman went
back on the record and said he
will not be referring the case
for mediation, or to a
Magistrate Judge. He set a
trial date of May 4, 2020. The
case is Leznik v. Lincoln
Financial, 18-cv-3656
(Liman).
***
Your
support means a lot. As little as $5 a month
helps keep us going and grants you access to
exclusive bonus material on our Patreon
page. Click
here to become a patron.
Feedback:
Editorial [at] innercitypress.com
SDNY Press Room 480, front cubicle
500 Pearl Street, NY NY 10007 USA
Mail: Box 20047, Dag
Hammarskjold Station NY NY 10017
Reporter's mobile (and weekends):
718-716-3540
Other, earlier Inner City Press are
listed here,
and some are available in the ProQuest
service, and now on Lexis-Nexis.
Copyright 2006-2020 Inner City
Press, Inc. To request reprint or other
permission, e-contact Editorial [at]
innercitypress.com for
|