2 Investment Bankers Ask Calif. Court To End Fraud Suit

Law360, Washington (February 17, 2012, 3:14 PM EST) -- Two partners in investment firm Paron Capital Management LLC asked a California federal court on Thursday to throw out a former colleague's suit alleging they committed fraud, saying his behavior was deceitful and their reputations were ruined because of it.

Peter McConnon and Timothy Lyons slammed the third-party suit brought on by their former Paron Capital Management LLC business partner James Crombie as “an effort to harass his victims and intimidate others” by alerting federal authorities of alleged investor fraud.

Crombie sued his former partners on...
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