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Rosenthal claimed he had made the investments under a long-term plan, and did not intend to sell them until they appreciated in value. Two of the hotels sold in 1970 for about $7 million, and their estimated worth in 1986 was $50 million. In July 1984, after a hearing panel of the State Bar Court, after 80 days of testimony and consideration of documentary evidence, the panel accused Rosenthal of 13 separate acts of misconduct and urged his disbarment in a 34-page unsigned opinion. [75] The State Bar Court's review department upheld the panel's findings, which asked the justices to order Rosenthal's disbarment. He continued representing clients in federal courts until the U. S. Supreme Court ruled against him on March 21, 1988. Disbarment by the Ninth U. S. Circuit Court of Appeals followed on August 19, 1988. The Supreme Court of California, in affirming the disbarment, held that Rosenthal had engaged in transactions involving undisclosed conflicts of interest, took positions adverse to his former clients, overstated expenses, double-billed for legal fees, failed to return client files, failed to provide access to records, failed to give adequate legal advice, failed to provide clients with an opportunity to obtain independent counsel, filed fraudulent claims, gave false testimony, engaged in conduct designed to harass his clients, delayed court proceedings, obstructed justice and abused legal process. Rosenthal died August 15, 2007, at the age of 96. [76]