Husch Blackwell will continue to face claims that it aided and abetted a former client in an alleged investment scheme, following a New York appeals court ruling on Thursday that reinstated part of an investor lawsuit against the firm.
The First Department of the New York Supreme Court Appellate Division came down partly in favor of a group of investors—Gansett One LLC, SES Wealth Advisors LLC, GW Holdings LLC and Mast and Son. They sued Husch Blackwell over its representation of Kamran Nezami, a businessman who owned several medical companies, alleging that he began embezzling funds they provided as investments in the companies.
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