After staggering news last week that the longtime head of a respected Wall Street investment firm had allegedly been running a massive $50 billion Ponzi…
A receiver for the Dreier law firm says it will soon file for bankruptcy, following an alleged massive fraud by its founder and sole equity partner, Marc Dreier.
In addition to keeping prosecutors and white-collar defense lawyers busy, the alleged $50 billion Ponzi scheme that 70-year-old Bernard Madoff is accused of operating under the guise of a purportedly…
The former chairman of Greenberg Traurig’s tax practice has pleaded guilty to conspiracy to commit tax evasion and a corrupt attempt to impede tax laws.
Illinois Gov. Rod Blagojevich, arrested last week based on allegations he tried to sell Barack Obama’s vacant Senate seat, has had several high-profile spats with public…
Three more Long Island lawyers are having their government pension credits or pension revoked by the state comptroller, bringing to 45 the number of New York attorneys who have had…
For those who may have wondered what it’s like to practice law at a partnership that’s under receivership, a notice to Dreier employees filed in federal court in Manhattan within…
The former chairman of the Nasdaq stock market has been charged with a “stunning” $50 billion securities fraud after his sons alerted officials that their father had confessed to running…
Concerning the accusation by federal prosecutors that Ill. Gov. Rod Blagojevich, in effect, tried to sell President-elect Barack Obama’s vacant U.S. Senate seat to the highest bidder, it isn’t difficult…
As a stunning federal corruption case was unveiled this week against Illinois Gov. Rod Blagojevich, many wondered why he is being represented by a well-regarded Chicago attorney rather than a…
Calling New York attorney Marc Dreier a “Houdini of impersonation and false documents” who allegedly stole $380 million from hedge funds and investors, a federal prosecutor today urged that he…
The ABA Journal wants to host and facilitate conversations among lawyers about their profession. We are now accepting thoughtful, non-promotional articles and commentary by unpaid contributors.