Law Firm Can't Shake Claims It Aided $6M Facebook IPO Scam

Law360, Los Angeles (February 27, 2014, 5:52 PM EST) -- A California judge refused Thursday to toss claims that Miller Barondess LLP helped a con man launder $5.8 million stolen from investors through a bogus deal to purchase pre-initial public offering shares of Facebook Inc., saying a reasonable inference of fraud could be drawn from the complaint.

Superior Court Judge Ruth Ann Kwan denied the Los Angeles law firm's bid to throw out private investment company ESG Capital Partners LP's allegations that Miller Barondess and partner Erik Syverson aided and conspired with known con artist Troy...
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