Miami retail broker sues over life insurance policy of late husband

Sharon Dresser is alleging her husband’s ex-business partner cheated her out of $2M policy

TRD MIAMI /
Jan.January 12, 2018 02:30 PM

Steven Lee Cantor and Sharon Dresser (Credit: High Street Retail USA)

Miami commercial broker Sharon Dresser is suing her late husband’s business partner, alleging he cheated her out of a $2 million insurance policy.

Dresser’s husband, prominent international tax and real estate attorney Steven Lee Cantor, committed suicide in October 2016. Dresser, broker and owner of High Street Retail USA, is alleging that Hal J. Webb, Cantor’s former partner, failed to transfer ownership of a $2 million life insurance policy at the time of Webb’s resignation, according to the Miami Herald. Months later, a few days before Cantor committed suicide, Webb emailed an executive at the Cantor Group that “Cantor might not be in the right state of mind.”

According to the lawsuit, Webb pushed a grief-stricken Dresser to sign a settlement agreement in November, letting him keep $212,500 that was mistakenly distributed to him – which allegedly contributed to the firm’s financial demise. By signing the agreement, Dresser released Webb from all claims.

Webb also requested and received a copy of Cantor’s death certificate before Dresser.

“Webb knew that should Cantor die in the near future, Webb stood to financially benefit from his death. Webb purposely delayed and avoided transferring the key man policy to The Cantor Group with this morbid aspiration in mind,” according to the lawsuit.

Webb, who resigned from the firm formerly known as Cantor & Webb in June 2016, now leads Bilzin Sumberg’s private wealth services group. Bilzin acquired the Cantor Group. [Miami Herald] – Katherine Kallergis


Related Articles

arrow_forward_ios
1515 Sunset Drive and Facundo Bacardi

Bacardi-owned company sues construction firm for defects and delays at Coral Gables office development

30 Indian Creek Island Road and Shlomo Alexander

The Alexander Group allegedly mismanaged and then refused to complete Indian Creek Island mansion: lawsuit

Power struggle between Fisher Island association’s directors ignites lawsuit

Echo Brickell and PMG principal Ryan Shear

Construction of Echo Brickell allegedly damaged neighboring condo building: lawsuit

Miami Beach Mayor Dan Gelber and Natalie Nichols home at 1531 Stillwater Drive (Credit: Getty Images)

Miami-Dade judge strikes down Miami Beach short-term rental ban

ADF lawyer Stuart Sobel and Virgin MiamiCentral

Virgin MiamiCentral station developer and builder to pay $10.5M settlement

Greg Mirmelli’s vacation rental property at 2120 Bay Avenue in Miami Beach

Renter sues for $57K refund linked to illegal Miami Beach short-term rental

3055 North Miami Avenue and Alex Vadia (Credit: Midtown Opportunities, TAMZ)

Controversial Walmart site in Midtown Miami sells for $26M

arrow_forward_ios