Pryor Cashman Wants Off Hook For $42M Fraud At Union

Law360, New York (October 26, 2011, 8:01 PM EDT) -- A Pryor Cashman LLP attorney told a New York state appeals court Wednesday that the law firm can't be held responsible for a $42 million fraud at a construction union's benefit funds because the union's trustees signed off on financial statements.

The trustees of Construction Workers Local 147, whose workers are commonly known as "sand hogs," claim that Pryor Cashman and firm partner Christopher J. Sues failed to give legal advice that would have stopped third-party administrator King Care LLC from allegedly looting $42 million from...
To view the full article, register now.