Cozen O’Connor responds to Full Tilt Poker lawsuit
Cozen OConnor reached out to InsideCounsel to follow up on last weeks story regarding the firms involvement in the alleged Full Tilt Poker Ponzi scheme.
October 26, 2011 at 08:56 AM
8 minute read
The original version of this story was published on Law.com
Cozen O'Connor reached out to InsideCounsel to follow up on last week's story regarding the firm's involvement in the alleged Full Tilt Poker Ponzi scheme.
Last Monday, a class action suit was filed in the U.S. District Court for the Central District of California alleging that Cozen O'Connor knew that the more than $2 million in fees it made representing Full Tilt Poker was derived from illegal sources.
The putative class of 200,000 plaintiffs is seeking disgorgement of legal fees.
The U.S. Department of Justice (DOJ) alleged Full Tilt's board of directors misrepresented to its players that their funds were safe and available for withdrawal at any time when, in reality, those funds were not available and used to defraud its players out of more than $440 million.
Cozen O'Connor responded to the allegation, saying the charge against its firm is unwarranted and is a tactic employed by the plaintiffs to restrict their clients' rights to legal representation.
Robert Fiebach, a member in Cozen's Philadelphia office and the firm's general counsel, spoke to InsideCounsel on behalf of CEO Thomas Decker. “No one, including the U.S. attorney, has made any claim, that Cozen O'Connor did anything wrong in its representation of its clients,” Fiebach said. “The firm strongly believes that its clients are entitled to legal representation, and in connection with the criminal and related litigation, the right to counsel is a right guaranteed by the constitution.”
InsideCounsel will continue to track the story. For more details, read our previous coverage.
Last Monday, a class action suit was filed in the U.S. District Court for the Central District of California alleging that
The putative class of 200,000 plaintiffs is seeking disgorgement of legal fees.
The U.S. Department of Justice (DOJ) alleged Full Tilt's board of directors misrepresented to its players that their funds were safe and available for withdrawal at any time when, in reality, those funds were not available and used to defraud its players out of more than $440 million.
Robert Fiebach, a member in Cozen's Philadelphia office and the firm's general counsel, spoke to InsideCounsel on behalf of CEO Thomas Decker. “No one, including the U.S. attorney, has made any claim, that
InsideCounsel will continue to track the story. For more details, read our previous coverage.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
NOT FOR REPRINT
© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View All
‘Extremely Disturbing’: AI Firms Face Class Action by ‘Taskers’ Exposed to Traumatic Content
5 minute read
In-House Lawyers Are Focused on Employment and Cybersecurity Disputes, But Looking Out for Conflict Over AI
Trending Stories
- 1Navigating AI Risks: Best Practices for Compliance and Security
- 220 New Judges? Connecticut Could Get Wave of Jurists
- 3Orrick Loses 10-Lawyer Team to Herbert Smith in Germany
- 4‘The US Market Is Critical’: KPMG’s Former Head of Global Legal Services On the Legal Arm of the Big Four Firm Entering the US
- 5Justice Marguerite Grays Elevated to Co-Chair Panel That Advises on Commercial Division
Who Got The Work
J. Brugh Lower of Gibbons has entered an appearance for industrial equipment supplier Devco Corporation in a pending trademark infringement lawsuit. The suit, accusing the defendant of selling knock-off Graco products, was filed Dec. 18 in New Jersey District Court by Rivkin Radler on behalf of Graco Inc. and Graco Minnesota. The case, assigned to U.S. District Judge Zahid N. Quraishi, is 3:24-cv-11294, Graco Inc. et al v. Devco Corporation.
Who Got The Work
Rebecca Maller-Stein and Kent A. Yalowitz of Arnold & Porter Kaye Scholer have entered their appearances for Hanaco Venture Capital and its executives, Lior Prosor and David Frankel, in a pending securities lawsuit. The action, filed on Dec. 24 in New York Southern District Court by Zell, Aron & Co. on behalf of Goldeneye Advisors, accuses the defendants of negligently and fraudulently managing the plaintiff's $1 million investment. The case, assigned to U.S. District Judge Vernon S. Broderick, is 1:24-cv-09918, Goldeneye Advisors, LLC v. Hanaco Venture Capital, Ltd. et al.
Who Got The Work
Attorneys from A&O Shearman has stepped in as defense counsel for Toronto-Dominion Bank and other defendants in a pending securities class action. The suit, filed Dec. 11 in New York Southern District Court by Bleichmar Fonti & Auld, accuses the defendants of concealing the bank's 'pervasive' deficiencies in regards to its compliance with the Bank Secrecy Act and the quality of its anti-money laundering controls. The case, assigned to U.S. District Judge Arun Subramanian, is 1:24-cv-09445, Gonzalez v. The Toronto-Dominion Bank et al.
Who Got The Work
Crown Castle International, a Pennsylvania company providing shared communications infrastructure, has turned to Luke D. Wolf of Gordon Rees Scully Mansukhani to fend off a pending breach-of-contract lawsuit. The court action, filed Nov. 25 in Michigan Eastern District Court by Hooper Hathaway PC on behalf of The Town Residences LLC, accuses Crown Castle of failing to transfer approximately $30,000 in utility payments from T-Mobile in breach of a roof-top lease and assignment agreement. The case, assigned to U.S. District Judge Susan K. Declercq, is 2:24-cv-13131, The Town Residences LLC v. T-Mobile US, Inc. et al.
Who Got The Work
Wilfred P. Coronato and Daniel M. Schwartz of McCarter & English have stepped in as defense counsel to Electrolux Home Products Inc. in a pending product liability lawsuit. The court action, filed Nov. 26 in New York Eastern District Court by Poulos Lopiccolo PC and Nagel Rice LLP on behalf of David Stern, alleges that the defendant's refrigerators’ drawers and shelving repeatedly break and fall apart within months after purchase. The case, assigned to U.S. District Judge Joan M. Azrack, is 2:24-cv-08204, Stern v. Electrolux Home Products, Inc.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250
