A lawyer who filed 50 cases against banks for clients who were foreclosed upon, has been put on notice that he may be sanctioned for further filings. The problem with the cases is that the foreclosures were already completed, the redemption period had expired and the foreclosures were concluded.
If the allegations are true, this is a sad case of a lawyer earning money by charging people for lawsuits that have no merit.
The court explains: “Beginning at least as early as November 9, 2012, Chief Judge Gerald Rosen began issuing show cause orders, in several cases pending before him in this district, requiring Mr. Greenwood to show cause why those actions should not be dismissed and to show cause why he should not be sanctioned for his conduct pursuant to Fed. R. Civ. P. 11. (See, e.g. D.E. No. 5 in Case No. 12-12589, D.E. No. 5 in Case No. 12-14149, D.E. No. 5 in Case No. 12-11996, D.E. No. 5 in Case No. 12-12965). In no uncertain terms, Chief Judge Rosen advised Mr. Greenwood that he was considering imposing sanctions against him for having filed complaints and briefs lacking factual support and not warranted by existing law or by any nonfrivolous argument for extending or modifying existing law, in violation of Fed. R. Civ. P. 11(b).”