The moves come less than a month after Marc Dreier, founder and managing partner of Dreier LLP, a law firm in New York, was charged last month by federal prosecutors and the U.S. Securities and Exchange Commission with masterminding an investment fraud of more than $100 million involving at least three hedge funds. Dreier LLP filed for Chapter 11 bankruptcy protection on Dec. 16.
Dreier is the only equity partner in Dreier, Stein, Kahan, Browne, Woods, George, which was formed in 2007 and involves several prominent Los Angeles lawyers, such as entertainment lawyer Larry Stein, corporate attorney Robert Kahan and Eric George, a business litigator and son of California Supreme Court Chief Justice Ronald M. George.
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