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Jenkens & Gilchrist has agreed to pay $75 million to settle class action suits by IRS-plagued tax clients. Dallas firm Shore Deary represented about 100 persons who took the firm’s advice to invest in tax shelters later invalidated by the IRS. The Justice Department last week accused Jenkens & Gilchrist of fraud for recommending the shelters and placed increasing pressure on the firm to disclose its clients for audit … Racist chat room talk cost a Virginia judge his job. Ralph B. Robertson, 60, who served on the Richmond General District Court, chose to resign after The Richmond Free Press informed him it would publish his remarks. Robertson allegedly endorsed claims such as “African-Americans are prone to crime and violence because it is in their genes.” Robertson had served 19 years on the bench … Virginia’s cross-burning ban underwent surgery Friday, as the state Supreme Court struck down a portion that declared the act alone proved intent to intimidate. Such intent must now be proved separately, said the high court, which went on to uphold the convictions of two men who burned a cross on a couple’s lawn in Virginia Beach. A day earlier, the 4th U.S. Circuit Court of Appeals had ordered tougher sentencing for a North Carolina cross-burner who had escaped with probation … Louis Marcotte III may need to make bail soon, but he won’t be able to provide it. The former Louisiana bail bond king has surrendered his operation’s bond-writing licenses, reportedly as part of an emerging plea deal. Marcotte, whose companies wrote 50 percent of all bonds in New Orleans, has been accused of bribing judges to favor his business. At least one judge has admitted to manipulating bonds in exchange for gifts from the man whose statewide operations once pulled in $60,000 a day. – Lori Patel

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