Law360, New York (December 08, 2008, 12:00 AM ET) -- With Marc Dreier's legal troubles mounting by the second, the fallout from the founder and sole equity partner's alleged financial misdeeds will be swift and devastating for his New York-based namesake firm, according to legal experts.
On Monday, Dreier was charged in Manhattan with criminal securities and wire fraud over an alleged $100 million promissory note fraud scheme, only days after a bizarre arrest in Toronto for impersonating the legal adviser to a pension fund.
The U.S. Securities and Exchange Commission also slapped Dreier with civil...
Indictment The Death Knell For Dreier LLP: Experts
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