Fraudster's Lawyer, Accountants Settle For $1.75M

Law360, New York (August 26, 2011, 4:31 PM EDT) -- A South Carolina federal judge signed off Friday on two more settlements by professional service providers — an accounting firm and a law firm — in class actions filed by investors who were cheated by Ponzi schemer Albert Parish.

The deals call for Parish's former counsel, Pearlman & Pearlman PC and attorney Robert B. Pearlman, to pay $1.25 million, and for Parish's onetime accounting firm Dixon Hughes PLLC, to pay $500,000 to settle the litigation after investors accused them of aiding and enabling Parish in his...
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Case Information

Case Title

Hays et al v. Pearlman et al


Case Number

2:10-cv-01135

Court

South Carolina

Nature of Suit

Personal Property: Other

Judge

David C Norton

Date Filed

May 3, 2010


Case Title

Shealy et al v. Dixon Hughes PLLC et al


Case Number

2:10-cv-00714

Court

South Carolina

Nature of Suit

Fraud or Truth-In-Lending

Judge

David C Norton

Date Filed

March 18, 2010

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