Share
Business ProfileforMenard and Menard, L.L.C.
Current Alerts For This Business
The following describes a government action that has been resolved by either a settlement or a decision by a court or administrative agency. If the matter is being appealed, it will be noted below.
On July 22, 2019, Criminal charges were filed against Robert C. Menard, a high-profile Milwaukee attorney, after prosecutors say he stole funds from former law partner Alan Derzon and assets from the law firm where they worked.
On Monday, prosecutors brought a total of 14 charges against Menard. They are as follows:
Nine counts of embezzlement
Four counts of forgery
Misconduct in Public Office
According to Milwaukee County Court documents, an arrest warrant was been issued for Menard on Monday. If he is convicted, Menard faces more than 55 years behind bars in addition to any fines he may incur.
According to the criminal complaint, authorities claim Menard used his former law firm, Derzon & Menard, S.C., and his current law firm, Menard & Menard, LLC, as means to defraud his former law partner, his clients, and insurers. Prosecutors say Menard stole more than $700,000.
Prosecutors say Menard stole more than $200,000 of 401(k) retirement funds belonging to his former law partner, Alan Derzon. According to the criminal complaint, at one point, Menard promised to roll over Derzon's retirement funds into a new retirement account. In August 2013, Menard transferred Derzon's retirement funds into Derzon & Menard, S.C.'s business account.
Prosecutors then said Menard spent the retirement funds on law firm business operations, overdue payments to clients, and his own personal expenses including his children's tuition at Boston College and Drake University. According to the criminal complaint, Menard routinely stole from clients in a "rob Peter to pay Paul" pattern of theft. Prosecutors say Menard received personal injury and worker's compensation settlement checks in trust on behalf of his clients.
Menard was required to keep those funds in a segregated client trust account, however prosecutors say Menard deposited personal injury and worker's compensation settlement checks directly into his law firm business account, spent the proceeds for his own benefit until the account fell below a zero balance, and then many months later paid old clients with new clients' insurance settlement funds.
On April 25, 2022 Judgement of Conviction was entered for Theft-Business Setting >$10,000-$100,000 and 3 counts of Theft-Embezzlement (Value Exceeding $10,000) All other charges were dismissed but read in or dismissed on Prosecutor's motion.
The court sentenced Menard to a maximum term in the Wisconsin State Prison of 8 years. The term of initial confinement is 4 years, the term of extended supervision is 4 years. Court STAYED sentence and placed Menard on probation for 4 years.
At-a-glance
Overview
Business Details
- Location of This Business
- 400 E. Wisconsin Ave., Suite 500, Milwaukee, WI 53202-4400
- BBB File Opened:
- 11/8/2012
- Years in Business:
- 32
- Business Started:
- 4/1/1992
- Business Started Locally:
- 4/1/1992
- Business Incorporated:
- 12/31/2015
- Licensing Information:
- This business is in an industry that may require professional licensing, bonding or registration. BBB encourages you to check with the appropriate agency to be certain any requirements are currently being met.
- Type of Entity:
- Limited Liability Company (LLC)
- Hours of Operation
Primary
- M:
- 9:00 AM - 5:00 PM
- T:
- 9:00 AM - 5:00 PM
- W:
- 9:00 AM - 5:00 PM
- Th:
- 9:00 AM - 5:00 PM
- F:
- 9:00 AM - 5:00 PM
- Sa:
- Closed
- Su:
- Closed
- Business Management
- Mr. Robert C. Menard, Partner
- Contact Information
Principal
- Mr. Robert C. Menard, Partner
Customer Contact
- Mr. Robert C. Menard, Partner
Customer Complaints
0 Customer Complaints
Need to file a complaint? BBB is here to help. We'll guide you through the process. How BBB Processes Complaints and Reviews
File a ComplaintBBB Business Profiles may not be reproduced for sales or promotional purposes.
BBB Business Profiles are provided solely to assist you in exercising your own best judgment. BBB asks third parties who publish complaints, reviews and/or responses on this website to affirm that the information provided is accurate. However, BBB does not verify the accuracy of information provided by third parties, and does not guarantee the accuracy of any information in Business Profiles.
When considering complaint information, please take into account the company's size and volume of transactions, and understand that the nature of complaints and a firm's responses to them are often more important than the number of complaints.
BBB Business Profiles generally cover a three-year reporting period. BBB Business Profiles are subject to change at any time. If you choose to do business with this business, please let the business know that you contacted BBB for a BBB Business Profile.
As a matter of policy, BBB does not endorse any product, service or business.