Investors who sued Proskauer Rose in August accusing one of its partners of involvement in Stanford Financial Group's alleged Ponzi scheme have added Chadbourne & Parke as a defendant. The class action alleges that attorney Thomas V. Sjoblom, while he worked at Chadbourne and later at Proskauer Rose, participated in a $7 billion investment fraud orchestrated by the Texas company. The National Law Journal has learned that Sjoblom has withdrawn from Proskauer since the class action was filed.
Stanford Investors Add Chadbourne & Parke as Defendant
The National Law Journal
October 13, 2009