The collapse of Sunwest Management has spawned a series of civil actions by aggrieved investors. The SEC is charging that the retirement home operator once worth $2 billion is actually a Ponzi scheme. And plaintiffs lawyers for Sunwest investors are suing three of the company's outside law firms: Davis Wright Tremaine, K&L Gates and Thompson & Knight.
Davis Wright, K&L Gates, Thompson & Knight Ensnared in Ponzi Probe
The American Lawyer
May 11, 2009