Shook, Hardy & Bacon will pay $5 million to settle a bankruptcy lawsuit brought on behalf of the victims of a grocery trading scam run by infamous University of Miami athletic booster Nevin Shapiro.
Trustee Joel Tabas filed a 92-page negligence lawsuit against the Kansas City, Missouri-based law firm in January, alleging the law firm facilitated Shapiro's scam, which collapsed in 2010, and describing illegal gambling and parties attended by prostitutes.
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