There are a ton of legal angles to be explored amid the growing scandal swirling around R. Allen Stanford and the Stanford Group Co. — most notably, where exactly Stanford himself is at the moment.

One issue in particular, though, is relevant for the Am Law community: that an attorney for the company, Thomas Sjoblom of Proskauer Rose, sniffed out the fraud, withdrew his representation, and told federal investigators he essentially took back everything he had told to them in recent weeks, according to Bloomberg.

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