Stanford Investors Add Chadbourne To Ponzi Suit

Law360, New York (October 12, 2009, 6:43 PM EDT) -- Investors in accused Ponzi schemer Stanford Financial Group have added Chadbourne & Parke LLP to the list of defendants in a proposed class action against Proskauer Rose LLP and former partner Thomas Sjoblom, who allegedly helped shield the bank from investigators.

Burned investors led by Mexican citizen Samuel Troice filed an amended complaint Friday in the U.S. District Court for the Northern District of Texas, adding Chadbourne to the defendants, along with new allegations that Proskauer and Chadbourne negligently retained Sjoblom.

The complaint, now up to...
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