Nadel Investors Seek Cert. In Holland & Knight Suit

Law360, New York (July 31, 2009, 2:14 PM EDT) -- Investors allegedly duped out of millions by Florida fund manager Arthur Nadel have moved for class certification in a suit accusing Holland & Knight LLP of helping to bring about the scheme.

In a motion for class certification filed Thursday with the U.S. District Court for the Middle District of Florida, the investors claimed that Holland & Knight prepared offering and disclosure documents that omitted material facts, including that Nadel had previously been disbarred for financial improprieties.

“This case is a model of the type of...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.