The private equity firm that owned a controlling interest in failed commodities brokerage Refco Inc. has filed a $245 million lawsuit against Mayer, Brown, Rowe & Maw, accusing the law firm of helping to conceal the sham transactions that led to Refco's collapse. Boston-based buyout firm Thomas H. Lee Partners filed a complaint against Mayer Brown on Thursday in federal court in Manhattan, alleging that Mayer Brown handled 17 fraudulent transactions at the behest of Refco's executives between 2000 and 2005.
Buyout Firm Hits Mayer Brown With $245 Million Refco Suit
New York Law Journal
July 30, 2007