McCarter & English Ousted From Auto Securities Suit

Law360, New York (January 9, 2009, 12:00 AM EST) -- Law firm McCarter & English LLP has been barred from representing the plaintiffs in a securities fraud suit against Visionary Vehicles LLC and its executives after a federal judge found that a McCarter & English partner who had previously represented Visionary Vehicles created a conflict of interest for the entire firm.

U.S. District Judge Louis L. Stanton of the U.S. District Court for the Southern District of New York signed an order Thursday disqualifying McCarter & English from representing Chinese Automobile Distributors of America LLC in...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.