A federal judge has approved a settlement — apparently totaling $4.25 million — of a lawsuit against Paul, Hastings, Janofsky & Walker.
The suit had alleged that some of the firm’s Los Angeles lawyers helped Mobile Billboards of America and its affiliates sell investments in roving billboards that they should have realized were a scam. The plaintiff was a court-appointed receiver for Mobile Billboards, but U.S. District Judge Charles A. Pannell Jr.’s March 7 order approving the settlement makes clear settlement monies will go to those who purchased billboards.
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