Proskauer Dodges RICO Claim In Tax Shelter Suit

Law360, New York (November 21, 2008, 12:00 AM EST) -- A federal judge has dismissed a lawsuit against Proskauer Rose LLP over its alleged role in an illegal tax shelter scheme, but given the plaintiffs a chance to replead part of their complaint.

Judge Gray H. Miller of the U.S. District Court for the Southern District of Texas on Thursday dismissed with prejudice a claim against Proskauer under the Racketeer Influenced and Corrupt Organizations Act, and dismissed without prejudice claims under the Private Securities Litigation Reform Act and the Exchange Act. He declined to rule on...
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