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New York-based Curtis, Mallet-Prevost, Colt & Mosle has been sued in Texas by hundreds of investors who claim that the firm aided a securities brokerage client in defrauding them out of hundreds of millions of dollars. The case reminds law firms of the danger they face when they represent unsavory clients. Allan Diamond, the investors' lawyer, forecasts increased lawyer liability on the horizon in securities litigation.
October 17, 2002 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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