3rd Circ. Cuts Clifford Chance From Investor Action

Law360, New York (March 29, 2011, 5:59 PM EDT) -- The Third Circuit upheld a class certification ruling on Tuesday that snips Clifford Chance LLP from a group of defendants that investors claim were implicated in an alleged fraud that led to the 2003 bankruptcy of Diagnostic Ventures Inc.

The order from a three-judge panel of the U.S. Court of Appeals for the Third Circuit was good news for Clifford Chance, the one defendant Judge Legrome D. Davis of the U.S. District Court for the Eastern District of Pennsylvania had cut out of the case....
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