Ex-WorldCom Broker Sues Paul Weiss

Law360, New York (January 19, 2007, 12:00 AM EST) -- A former Citigroup broker whose clients included disgraced WorldCom chief executive Bernard J. Ebbers has sued his ex-representative, Paul, Weiss, Rifkind, Wharton & Garrison LLP, claiming the firm cost him a bigger severance check due to a conflict of interest.

David Trautenberg, who helped Ebbers accumulate enormous loans before WorldCom went bankrupt and Ebbers was sent to jail, alleged that while negotiating his severance package with Citigroup, Paul Weiss used privileged information against him, according to the suit filed on Dec. 6 in district court in...
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