April 13, 2012
A Texas federal judge has stayed several class actions against Proskauer Rose LLP, Chadbourne & Parke LLP and others accused of helping shield alleged Ponzi schemer R. Allen Stanford's bank from investigators, awaiting a potential Fifth Circuit en banc ruling over whether the class actions were precluded.
January 27, 2012
Proskauer Rose LLP and Chadbourne & Parke LLP said Friday that a group of putative class actions accusing the firms of helping shield accused Ponzi schemer R. Allen Stanford's bank from investigators belongs in Texas federal court.