22 Firms Form International Network To Fight Financial Fraud

Law360, New York (May 22, 2013, 3:43 PM EDT) -- Twenty-two plaintiffs' and defense law firms in the U.S., Europe and Asia have launched a worldwide alliance to share international resources and potentially collaborate on litigation strategies to fight financial fraud, a response to bank collapses and scandals surrounding Ponzi schemer Bernard L. Madoff and Libor-rigging, they announced Wednesday.

The founding law firms behind the new alliance, called the International Network for Financial Litigation, hail from the U.S., the United Kingdom, Austria, Sweden, Colombia, Israel, Macau, Finland, Luxembourg, Morocco, Turkey, India, Italy and Brazil. They include...
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