0 results for 'Pomerantz LLP'
Dreier lawyers describe depleted accounts, departures from firm
As Marc Dreier was being arrested for attempting to defraud hedge funds of more than $100 million, some of the 10 affiliates of Dreier LLP were peeling off and others were trying to hold the firm together even as money for insurance and some operating expenses is frozen. Declarations filed by the Securities and Exchange Commission in connection with its civil case against Dreier also indicated that some firm attorneys were concerned that escrow accounts, which Dreier controlled, had been depleted.Dreier Arraigned on Two Charges; Receiver Named to Guard Firm Assets
Marc S. Dreier, the founder of Dreier LLP, which grew from a handful of lawyers in 1996 to 238, was arraigned yesterday before a magistrate judge in the Southern District of New York on federal charges of pawning off $113 million in bogus securities to two hedge funds. Separately, the Securities and Exchange Commission filed suit to recover the $113 million. Southern District Judge Miriam Goldman Cedarbaum, who will oversee the SEC's action, said she will appoint Mark Pomerantz of Paul Weiss Rifkind Wharton & Garrison as receiver to protect Dreier's assets.Dreier Stole $380 Million, U.S. Says; Denied Bail as 'Enormous' Flight Risk
A prosecutor yesterday more than tripled, to $380 million, the sum the government says attorney Marc Dreier has stolen from hedge funds and investors. Arguing successfully that Mr. Dreier should be held without bail while a full accounting of his assets is pursued by a court-appointed receiver, U.S. Attorney Jonathan Streeter called Mr. Dreier the "Houdini of impersonation and false documents."Cite as: In Re Wachovia Equity Securities Litigation, 08 Civ. 6171 (RJS), NYLJ 1202489220302, at *1 (SDNY, Decided March 31, 2011)District Judge Richard J. Sull
Lawyer: Disgraced lawyer will plead guilty in May
NEW YORK AP - A prominent Manhattan lawyer accused in a $700 million fraud will plead guilty next month to all of the charges he faces, his attorney told a judge Monday.Marc Dreier will enter the plea to securities fraud, wire fraud and money laundering charges, attorney Gerald Shargel told U.S. District Judge Jed S.Dreier Arraigned on Two Charges; Receiver Named
Marc S. Dreier, the founder of Dreier LLP, which grew from a handful of lawyers in 1996 to 238, was arraigned Monday before a magistrate judge in the Southern District of New York on federal charges of pawning off $113 million in bogus securities to two hedge funds.State AI Legislation Is on the Move in 2024
Brought to you by LexisNexis®
Download Now
2024 ESI Risk Management & Litigation Readiness Report
Brought to you by Pagefreezer
Download Now
Creating a Culture of Compliance
Brought to you by Ironclad
Download Now
A Buyer's Guide to Law Firm Software
Brought to you by PracticePanther
Download Now