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Sometimes it pays to go to trial, even when popular opinion seems to be against you. That was the lesson Latham & Watkins partner Peter Wald learned last week when his trial team scored a big victory on behalf of client Ernst & Young in Northern District court. Wald defended the Big Four accounting firm in a securities fraud class action filed by Bernstein Litowitz Berger & Grossmann in connection with audit work at Clarent Corp., a Redwood City-based computer networking company.
February 22, 2005 at 12:00 AM
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The original version of this story was published on Law.Com
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