5th Circ. Revives Stanford Suits Against Proskauer, Others

By Steven Melendez (March 19, 2012, 8:45 PM EDT) -- The Fifth Circuit on Monday revived four putative class actions against Proskauer Rose LLP, insurance broker Willis Ltd. and others over the Stanford Ponzi scheme, saying the suits are only "tangentially related" to Securities Litigation Uniform Standards Act-covered securities trades....

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