The man who once ruled over Florida’s massive foreclosure mire was disbarred Tuesday by the Florida Supreme Court, officially ending a decades-long legal career tarnished by accusations of fraud and misconduct.
The ruling against David J. Stern, who built his Plantation-based law firm on repossessing homes, was expected as the 53-year-old did not appeal a referee’s October recommendation for disbarment.
Stern’s attorney, Jeff Tew, said he had no comment about the decision, which was made public Thursday.
The Supreme Court order gives Stern 30 days to close his practice. But his company, which once handled more than 200,000 foreclosure cases statewide, effectively shut down in 2011 after he lost most of his clients amid allegations of notary fraud, robo-signing and shoddy legal work.
Speaking during an October hearing where the Florida Bar pursued 17 complaints against him, Stern said he wasn’t to blame for the problems at his firm and characterized the findings as unintended mistakes.