Former attorney willing to settle with ex-clients

HIGHLAND HEIGHTS, Ky. (AP) – A former attorney who won a $200 million settlement for diet drug clients has acknowledged that he owes money to his former clients.

Stan Chesley and his lawyers recently told the Cincinnati Enquirer (http://cin.ci/1HzRtr7 ) that Chesley is willing to settle with his former clients. The clients say fees were inappropriately charged or stolen from the original $200 million they were awarded in the 2001 fen-phen settlement.

Chesley says he owes his clients money, but disputed the notion that he owes the $76 million that the lawyer representing those former clients is seeking.

Chesley took more than $20 million in attorney’s fees from the 2001 settlement, which exceeded the amount established by contract.

A Boone County judge last month issued a bench warrant for Chesley’s arrest late last month after he failed to appear in a hearing.

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Information from: The Cincinnati Enquirer, http://www.enquirer.com

 

Copyright 2015 The Associated Press.

Categories: News, State News

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