About 20 lawyers at the Santa Monica, Calif.-based affiliate of Dreier LLP, called Dreier Stein Kahan Browne Woods George, have formed their own firm, while most of the attorneys remaining are looking to merge with another firm
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 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.
