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Legal News

: Law Blog - WSJ.com

Watch Out Hedge Funds, Here Come the Law Firms

By Clifford M. Marks

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The Boston Globe has an article today about investors who're increasingly using law firms to invest their largesse. The practice, unusual elsewhere, has a long history in Boston, where merchants left money with lawyers before going to sea.


Full post as published by Law Blog - WSJ.com on July 15, 2010 (boomark / email).

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Lawsuits and Settlements

Hedge Funds
alleging companies involved in mortgage fraud.

HIV Funds
Dallas Independent School District pays $336,000 settlement for misappropriated program funds.

Whole Foods
And Other Firms Sued by California Attorney General,

Brown Greer et al.
alleging that the six law firms handling the Vioxx settlement failed to provide money for reimbursements to lien rights of Employee Retirement Income Security Act (ERISA) health plans.

Oppenheimer Funds, Inc
RMUNX

Oppenheimer Funds, Inc
401(k) / ERISA Stock Fraud

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