Law360, New York (August 26, 2011, 4:31 PM ET) -- A South Carolina federal judge signed off Friday on two more settlements by professional service providers — an accounting firm and a law firm — in class actions filed by investors who were cheated by Ponzi schemer Albert Parish.
The deals call for Parish's former counsel, Pearlman & Pearlman PC and attorney Robert B. Pearlman, to pay $1.25 million, and for Parish's onetime accounting firm Dixon Hughes PLLC, to pay $500,000 to settle the litigation after investors accused them of aiding and enabling Parish in his...
Fraudster's Lawyer, Accountants Settle For $1.75M
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