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

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
From left: Monroe Capital’s Theodore Koenig, Steve Witkoff, HFZ's Ziel Feldman and Benny Shabtai with the Shore Club (Monroe, Witkoff, HFZ, Getty)
Judge awards $5M to Israeli mogul in HFZ lawsuit over failed Shore Club project in Miami Beach
Judge awards $5M to Israeli mogul in HFZ lawsuit over failed Shore Club project in Miami Beach
Carillon Miami Wellness Resort at 6801 Collins Avenue in Miami Beach (Google Maps, Getty)
Z Capital loses attempt to slap Miami Beach condo owners with $8M assessment
Z Capital loses attempt to slap Miami Beach condo owners with $8M assessment
Domenic Gatto and Banyan Cay Resort and Club (Linkedin, Banyan Cay, Illustration by The Real Deal with Getty)
Developers of troubled West Palm resort project facing $61M foreclosure
Developers of troubled West Palm resort project facing $61M foreclosure
KAR Properties' Shahab Karmely and  Suffolk Construction's  Peter Tuffo with 2000 Ocean  (Suffolk, KAR, Getty)
Suffolk sues for $16M, alleging unpaid work at Shahab Karmely’s Hallandale Beach condo project
Suffolk sues for $16M, alleging unpaid work at Shahab Karmely’s Hallandale Beach condo project
From left: Witkoff’s Steve Witkoff and Monroe Capital’s Theodore Koenig with the Shore Club
Witkoff, Monroe sued over alleged “crooked and secretive land grab” of Shore Club in South Beach
Witkoff, Monroe sued over alleged “crooked and secretive land grab” of Shore Club in South Beach
Adeena Weiss Ortiz and map view of 4865 Northwest 7th Street in Miami (WeissOrtiz Law, Google Maps)
Caroline Weiss locked in legal conflict with daughter over $21M loan tied to massive Blue Lagoon development
Caroline Weiss locked in legal conflict with daughter over $21M loan tied to massive Blue Lagoon development
Miami-Dade County Mayor Daniella Levine Cava, Attorney
Miami-Dade may help renters in eviction court secure attorneys
Miami-Dade may help renters in eviction court secure attorneys
Codina Partners’ Armando Codina and Ana-Marie Codina Barlick with 5350 Park (Codina Partners, Downtown Doral)
Miami-Dade judge hits Codina Partners’ affiliate with $6M in damages
Miami-Dade judge hits Codina Partners’ affiliate with $6M in damages
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...