Atty Fees For Berkshire Bank CEO's Son Concern Libor Judge

Law360, New York (January 18, 2018, 7:13 PM EST) -- A Manhattan judge expressed unease Thursday over the failure of Berkshire Bank to disclose that the son of its CEO Moses Krausz is a lawyer with a direct stake in the lender's effort to lead a class targeting four megabanks for allegedly rigging the global London Interbank Offered Rate.

U.S. District Judge Naomi Reice Buchwald, who is considering whether to certify various classes of plaintiffs in the sprawling Libor litigation, asked why New York-based Berkshire and Pomerantz LLP didn't mention Mordchai Krausz's contingency fee deal when...
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