Lane Powell Ordered Off CellCyte Investor Suit

Law360, New York (November 24, 2008, 12:00 AM EST) -- Citing conflict-of-interest issues, a federal judge has ordered Northwest regional firm Lane Powell PC to drop its representation of a defendant in an investor suit brought against executives of CellCyte Genetics Corp. over an alleged “pump and dump” stock scheme.

In an opinion issued Thursday in the U.S. District Court for the Western District of Washington, Judge Robert S. Lasnik granted a motion to disqualify the firm from representing defendant G. Brent Pierce because the firm is already representing in other suits two clients who are...
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