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Rothenberg Ventures founder Mike Rothenberg ordered to pay former CFO $166K in damages

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William Figueroa
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Former Rothenberg Ventures CFO David Haase has won his case against the firm’s founder, Mike Rothenberg.

The ruling came down in favor of Haase in the Superior Court of California last week.

Rothenberg must now pay Haase $166,000 for expenses and losses incurred during his employment at the firm, plus attorney fees for the suit and for legal services related to an SEC investigation of the firm.

Haase joined Rothenberg Ventures in the spring of 2016 to help the firm rapidly grow financially.

The former CFO routinely used his own American Express card to cover expenses for the firm, including flights, hotels, partial payment for Rothenberg’s suite at Oracle Arena for the Golden State Warriors games and just under $35,000 Rothenberg put on the card to purchase a Beyoncé concert suite for himself, which was eventually reimbursed to Haase from his personal account.

Other expenses totaling more than $100,000 had not been reimbursed, however, leaving Haase holding quite a large debt in the four months he was employed at the firm.

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William Figueroa
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