Jacoby's NY Stakes Suit Axed As Constitutional 'Mockery'

By Lisa Ryan (July 16, 2015, 8:11 PM EDT) -- A New York federal court Wednesday tossed Jacoby & Meyers LLP's putative class action challenging the constitutionality of New York regulations prohibiting law firms from selling stakes to nonlawyers, saying the suit makes a "mockery" of the First Amendment....

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