Greenberg Traurig Claims Immunity In Ponzi Scheme Suit

Law360, Houston (July 25, 2016, 6:50 PM EDT) -- Greenberg Traurig LLP on Friday continued its fight to quash a proposed investor class action alleging the firm and Hunton & Williams LLP aided Robert Allen Stanford's $7 billion Ponzi scheme, telling a federal judge in Texas that attorney immunity bars the claims.

In a brief in support of the motion it filed last month to dismiss the claims against it, Greenberg told the court that the conduct the investors complained of — including assisting with the purchase of an insolvent bank, negotiating with Florida regulators and advising Stanford regarding the Foreign Corrupt Practices Act — were all “undisputedly performed” as...

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