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Greenberg Traurig to Shell Out $61 Million to Exit Ponzi Class Action
Publication Date: 2012-06-21
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Greenberg Traurig and Quarles & Brady have agreed to fork over a combined $87.5 million to resolve claims that they failed to put the brakes on a $900 million Ponzi scheme carried out by two mortgage-industry clients.

September 25, 2009 |

State university board approves budget request

The board that oversees Florida's state universities approved a $3.6 billion budget request for the next school year at its meeting on Thursday, an increase of nearly 6 percent that would help boost public medical schools.
3 minute read
Law Journal Press | Digital Book Pennsylvania Causes of Action, 12th Edition Authors: GAETAN J. ALFANO, RONALD J. SHAFFER, JOSHUA C. COHAN View this Book

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August 11, 2005 |

PEOPLE IN THE NEWS

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2 minute read
August 27, 2012 |

First Cy Pres Award After Rule Change Goes to IOLTA, CLS

In what appears to be the first such donation since the Supreme Court ordered all excess class action settlement funds to be donated to legal aid providers, lawyers at Feldman Shepherd have facilitated two donations of nearly $46,000 each to the state IOLTA board and a local public interest firm.
6 minute read
September 21, 2010 |

Home sales jump signals market stabilization

Home sales probably increased in August, a sign the U.S. real estate market is stabilizing after the expiration of a tax credit caused demand to plunge, economists said before reports this week. Purchases of new and previously owned homes rose 7 percent to a combined 4.395 million annual pace, according to the median forecast in a Bloomberg News survey.
4 minute read
June 29, 2007 |

How Philip Morris Tried to Use Federal Officer Removal Statute for Forum Advantage

One might think that a tobacco company would steer as clear as possible from the federal government. So when the Justice Department brought a RICO action against the industry seeking $280 billion, it is somewhat ironic that it would seek to remove a state court consumer fraud class action to federal court under the so-called federal officer removal statute. Yet that's what Philip Morris did. Law professor Georgene M. Vairo explains why a private company would want to label itself a federal agent.
8 minute read

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