Atty To Refile Nixed Sugar & Felsenthal Ponzi Suit

Law360, New York (March 26, 2010, 3:39 PM EDT) -- An attorney representing a putative class of plaintiffs accusing Sugar & Felsenthal LLP of negligence for not properly vetting offerings it made on behalf of a client who purportedly bilked investors out of at least $70 million through a Ponzi scheme has vowed to refile the claims after they were dismissed for lack of personal jurisdiction.

Judge Elizabeth Kovachevich of the U.S. District Court for the Middle District of Florida ruled Thursday that the plaintiffs had not adequately shown that her court was the proper venue...
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