Saturday, October 10, 2015

Roffman sues Roffman Miller over firing

Philadelphia casino analyst turned money manager Marvin Roffman, who famously stood up to Donald Trump, was fired, and won settlements from both, is suing his former firm, Roffman Miller Associates, saying his partners forced him out and didn't offer enough for his shares.

Roffman sues Roffman Miller over firing


Philadelphia casino analyst turned money manager Marvin Roffman is suing Roffman Miller Associates, the money management firm he cofounded in 1991 after he was ousted by broker Janney Montgomery Scott for standing up to belligerent billionaire Atlantic City casino owner Donald Trump.

Miller, of Rehoboth, Del., says his partners forced him out and didn't offer enough for his shares. Lawyers for firm partners led by R. Peters Miller III dispute Roffman's claims. It's Philadelphia Common Pleas case 090203504. Read more in today's PhillyDeals column in the print Inquirer here.

We encourage respectful comments but reserve the right to delete anything that doesn't contribute to an engaging dialogue.
Help us moderate this thread by flagging comments that violate our guidelines.

Comment policy: comments are intended to be civil, friendly conversations. Please treat other participants with respect and in a way that you would want to be treated. You are responsible for what you say. And please, stay on topic. If you see an objectionable post, please report it to us using the "Report Abuse" option.

Please note that comments are monitored by staff. We reserve the right at all times to remove any information or materials that are unlawful, threatening, abusive, libelous, defamatory, obscene, vulgar, pornographic, profane, indecent or otherwise objectionable. Personal attacks, especially on other participants, are not permitted. We reserve the right to permanently block any user who violates these terms and conditions.

Additionally comments that are long, have multiple paragraph breaks, include code, or include hyperlinks may not be posted.

Read 0 comments
comments powered by Disqus
About this blog

PhillyDeals posts drafts, transcripts and updates of Joseph N. DiStefano's columns and stories about Philly-area business, which he's been writing since 1989.

DiStefano studied economics, history and a little engineering at Penn and taught writing at St. Joseph's. He has written thousands of columns and articles for the Inquirer, Bloomberg and other media, wrote the book Comcasted, and raised six children with his wife, who is a saint.

Reach Joseph N. at,, 215.854.5194 or 302.652.2004.

Reach Joseph N. at or 215 854 5194.

Joseph N. DiStefano
Also on
letter icon Newsletter