Disbarred Attys Must Forfeit Assets Over Fen-Phen Fees

Law360, Wilmington (June 19, 2012, 8:59 PM EDT) -- A Kentucky federal judge on Monday ordered two disbarred attorneys to forfeit a trove of real estate, cars and financial accounts to help pay $127 million they owe clients for pocketing the bulk of a class action settlement over the defective diet pill fen-phen.

U.S. District Judge Danny C. Reeves gave a federal marshal the go-ahead to seize the property of the former lawyers, William J. Gallion and Shirley Cunningham Jr., who were convicted in 2009 on eight counts of wire fraud and sentenced to 25...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.