Injustice anywhere is a threat to justice everywhere. Those were spoken by Dr. Martin Luther King and are the theme for today’s Thankgiving message. We try to blog everyday. Holidays are no exception. A few minutes ago I was poised to write a story on a new Ponzi scheme in Florida. Unfortunately, by tomorrow several […]
New Legal and Accounting Malpractice Legal Website
New Legal and Accounting Malpractice website launched and we are pretty excited. There are very few law firms specializing in legal malpractice and until now, we never heard of any involving accounting malpractice. Sure, some law firms will accept the occasional case against a CPA but it is usually ancillary to their main practice. This […]
Two Lawyers of Failed Firm Receive $16 Million? – Virtual Law Post
[Ed. Note: The following post is reprinted from our sister blog, Guerilla Law Firm Blog. The behavior of some “BigLaw” firms is so outrageous that it warrants reprinting. If anyone wonders why rates are so high at big law firms, read this post and you may begin to understand.] Two Lawyers of Failed Firm Receive […]
Israeli Tax Cop Indicted for Fraud, Theft
We normally don’t write stories about corrupt cops. But when the cop is a lead investigator in the Israeli Tax Authority and the Israeli Police, we take notice. When we learn that he allegedly targeted the victims of cases he was assigned, we really take notice. The Times of Israel reported earlier this summer that […]
Stoel Rives Hit With Legal Malpractice Verdict
Jurors in Park City, Utah found prominent West Coast law firm Stoel Rives guilty of legal malpractice in a botched real estate development deal. The firm must now pay their former client $12.8 million in damages. The suit also named one of the firm’s top real estate and construction law partners, Thomas Ellison. According to […]
The Warriors In Us
by Brian Mahany Unless we suddenly find ourselves at war with Syria, Iran or North Korea, our troops will not be in combat for the first time in many years. Unfortunately, that doesn’t mean that we aren’t waging other types of war. Evil is everywhere around us. We have the highest respect for our troops […]
Who’s Guarding The Hen House? Accounting Malpractice Post
by Brian Mahany Two of the biggest brokerage industry failures last year were Peregrine Financial Group and MF Global Holdings. In August of last year we covered the Peregrine story after the firm’s CEO attempted suicide and left a note confessing to a massive theft from customers. At that time, we questioned why the firm’s […]
PA Supreme Court Refuses To Dismiss $500 Million Legal Malpractice Suit
Earlier this week the Pennsylvania Supreme Court refused to dismiss a $500 million legal malpractice case against AmLaw 100 firm, K&L Gates. That decision paves the way for the case to head to trial. The firm was sued years ago by a bankruptcy trustee on behalf of Le-Nature, Inc. The company filed for bankruptcy after […]
Former CPA Gets 3.5 Years in Prison, $100 Million Restitution For Tax Evasion Role
by Brian Mahany A former CPA and banker at Deutsche Bank AG was sentenced to 3-1/5 years and ordered to pay $115,700,000 for his role in helping clients evade taxes. David Parse will have to serve about 3 years before eligible for early release. He was convicted of mail fraud and obstruction charges. Prosecutors say […]
State Approves Payments To Legal Malpractice Victims
by Brian Mahany While everyone makes mistakes from time to time (including attorneys), civilized society has no room for thieves. This is especially true for lawyers who take an oath of office to uphold justice. Earlier today, the Wisconsin Lawyers’ Fund For Client Protection Committee announced that 17 victims were receiving checks from the state […]
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