Drinker Biddle Cost Ex-Lehman Broker $2.5M, 2nd Circ. Hears

Law360, New York (May 30, 2012, 2:12 PM EDT) -- A former Lehman Brothers Inc. broker asked the Second Circuit on Wednesday to revive her malpractice suit alleging that Drinker Biddle & Reath LLP did not adequately represent her in an arbitration proceeding accusing her of securities fraud that resulted in a $2.5 million award against her.

An attorney for former Goldman Sachs & Co. and Lehman broker Sofia Frankel asked a three-judge panel to throw out an October 2011 decision in the Southern District of New York dismissing Frankel's malpractice suit because it found she...
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