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Why Are the Feds Still Gunning for McAfee's Former GC?
Across the country, backdating probes have led to the dismissal of at least a dozen general counsel and other executives, more than 120 ongoing civil and criminal investigations, over 160 derivative suits, and about 30 class action suits. But if his April 15 trial in federal court in San Francisco goes forward, Kent Roberts, the former top lawyer at McAfee, will be the first general counsel in the country to be criminally tried for backdating. Why are prosecutors hanging tough on Roberts?Sedgwick Bids to Trim Claims Arising From Ponzi Scheme
Sedgwick LLP has moved to dismiss what it called "over-reaching" claims in a $200 million malpractice lawsuit filed by the receiver of a purported medical receivables purchasing company in California that was revealed to be a $1 billion Ponzi scheme.Sedgwick Trims Malpractice Claims Over Role in Ponzi Scheme
A federal judge has trimmed claims worth $36 million from a $200 million malpractice case against Sedgwick LLP, throwing out allegations brought by the receiver of a failed Ponzi scheme in California related to two allegedly fraudulent loans.Feds look to send first GC to trial on backdating
It was a proud day for Kent Roberts when McAfee Inc. then called Network Associates Inc. promoted him to vice president of legal affairs on Valentine's Day 2000. The promotion carried with it a sweet reward, the option to buy 20,000 shares of company stock that would vest over the next four years. His "strike price" was $29.Report: Law Firms Losing Edge in Office Space Race
In the latest edition of its annual analysis of law firm real estate trends, real estate services firm Jones Lang LaSalle finds landlords routinely getting the upper hand in lease negotiations for the first time in seven years. At the same time, firms have been able to maintain an advantage in some major markets, including Chicago, Los Angeles, New York, and Washington, D.C.Sedgwick Trims Malpractice Claims Over Role in Ponzi Scheme
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