We use cookies on this site to enable your digital experience. By continuing to use this site, you are agreeing to our cookie policy. close

Law Firms, Banks Nervously Eye Refco Fall-Out

Law360 (November 15, 2005, 12:00 AM EST) -- Yesterday's lawsuit against Refco's former excecutives by the commodities and foreign exchange broker's largest shareholder has law firms, banks, underwriters and accountants nervously wondering who's next.

Although the accounting scandal bankrupted the company and led to its eventual sale, the futures broker is not the only company named as a defendant in the avalanche of lawsuits filed in the wake of its collapse.

Third parties, including investment banks, accountants, and law firms, could all be implicated, as the ripple effect of litigation continues.

According to Dale...
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.