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Proskauer Settles J&J Heir's Suit Claiming Faulty Tax Advice

By Kali Hays (October 26, 2015, 4:35 PM EDT) -- Proskauer Rose LLP has reached a deal with a Johnson & Johnson heir to end a yearslong lawsuit over the firm's allegedly faulty tax advice on the sale of J&J shares that resulted in millions of dollars in fines after the Internal Revenue Service deemed it an illegal tax-avoidance scheme....

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