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Ponzi Investor Suit Targets Greenberg Traurig, Quarles & Brady
On Tuesday, Greenberg Traurig and Quarles & Brady were named as defendants in an investor class action filed in federal district court in Arizona for allegedly aiding and abetting a Ponzi scheme run by a real estate loan company called Mortgages Ltd. and a financing company called Radical Bunny. In an attempt to bypass Stoneridge, the defendants are accused of violating Arizona state securities laws. The case was brought on behalf of 2,000 investors who claim to have lost more than $900 million.Quarles secures new space for expanding Chicago office
Quarles & Brady will move to a new Chicago office next year that has 30% more space and room to double its current 54-lawyer headcount over the next five years.
Class action against Greenberg Traurig and Quarles & Brady certified
A court certified an investor class action against Greenberg Traurig and Quarles & Brady over their work for two companies accused of running a $900 million real estate investment scam.Former Quarles & Brady Associate Sues Firm Over Alleged Discrimation, Retaliation
Former Quarles & Brady associate Luis Ram�rez has sued the firm, alleging that he and other minority associates were passed over for assignments by partners who preferred to give work to non-minorities.Quarles & Brady Opens Shanghai Office
Quarles & Brady has opened a Shanghai representative office, the Milwaukee-based firm's eighth and its first outside the U.S. The move suggests China remains a draw for regional U.S. firms, despite international firms and their Chinese counterparts finding the market extremely competitive.Quarles & Brady Opens Shanghai Office
Quarles & Brady announced Thursday that it has opened a Shanghai representative office--the Milwaukee-based firm's eighth and its first outside the United States.Judge: Greenberg Traurig Still on the Hook in Ponzi Class Action
More than ever, we're betting Greenberg Traurig rues the day it agreed to represent former client Mortgages Ltd.
Judge OKs Class Action Against Greenberg Traurig and Quarles & Brady for Roles in Alleged Ponzi Scheme
Publication Date: 2012-03-21 Practice Area: Industry: Court: Judge: Attorneys: For plaintiff: For defendant: Case number:
Both firms face class claims for primary liability and aiding and abetting an alleged $900 million fraud by Mortgages Ltd. and another company. A Quarles & Brady partner has acknowledged to the SEC that he was concerned his client's actions had "a Ponzi scheme feel," according to the plaintiffs.
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