UPDATE: More filings today bring David Roth claims to $4M - KWWL - Eastern Iowa Breaking News, Weather, Closings

UPDATE: More filings today bring David Roth claims to $4M

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WATERLOO (KWWL) -

Four more claims were filed today against the estate of David Roth, bringing the total claims against his estate so far to more than $4 million.

Three of those claims came from Veridian Credit Union totaling around $95,000 and one claim for $340,000 from another individual in Cedar Falls.

That adds to a million-dollar lawsuit that has been filed against the estate of embattled Waterloo attorney David Roth.

Roth is accused of stealing millions of dollars from clients, by telling them he would invest their settlement money, and then spending it instead. Roth took his own life on Sept. 23 in Hudson.

Now, Paula Nicolaisen, of New Hampton, seeks to recover $1.9 million from Roth's estate, and his employer, Gallagher, Langlas & Gallagher.

That brings the total amount -- which includes both loan recovery and theft allegations -- to more than $3.5 million.

Previously, several large claims were filed against Roth's estate. Some allege wrongdoing, while others, like Lincoln Savings Bank's claim for $1.3 million, just seek to recover money on Roth's many mortgages.

The Nicolaisen case is the first actual civil lawsuit filed.

Nicolaisen claims she was represented by Thomas Langlas, a partner at the firm, in a marriage dissolution case. He then, according to the filings, handed the case off to Roth.

In the court documents, Nicolaisen's lawyers claim Roth told her that, “…her former spouse was obtaining a significantly higher return on his investments.”

“Roth, at that time, advised Plaintiff that Defendant Gallagher Langlas provided investment opportunities to select clients, and that the opportunity may be of interest to Plaintiff,” the documents read.

According to Nicolaisen's layers, she wrote five checks over a period from Dec. 2013 to May 2014, totaling $1.6 million. Roth apparently promised her more than $300,000 in profits, and because of that, Nicolaisen hopes to recover more than $1.9 million in her suit.

The lawsuit cites eight counts against Roth and Gallagher, Langlas & Gallagher, including Negligence, Breach of Contract, Abuse of Process, Intentional Misrepresentation and Deceit & Collusion.

Roth's firm sent this statement to KWWL.

“The Gallagher, Langlas & Gallagher law firm is completely cooperating with law enforcement in regards to the allegations surrounding David Roth,” their lawyer, Greg Lederer, wrote. “We can say that the firm had no knowledge of or involvement in any of the alleged wrongdoing by David Roth.”

Lederer goes on to write, “Our paramount concern is for our clients and any person who may have been adversely affected by David Roth's activities. We will continue to work with all clients who have contacted us regarding the matter.”

The suit requests a jury trial.

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