April 30, 2012
A Texas federal judge on Friday remanded to state court a class action against Proskauer Rose LLP, Chadbourne & Parke LLP and others accused of helping shield alleged Ponzi schemer R. Allen Stanford's bank from investigators.
April 06, 2012
Proskauer Rose LLP, insurance broker Willis Ltd. and others accused of aiding R. Allen Stanford's $7 billion Ponzi scheme petitioned the Fifth Circuit last week to reconsider its decision to revive four putative class actions over the fraud.
March 12, 2012
A Texas federal judge denied Proskauer Rose LLP's bid to stay proceedings in a class action alleging the firm protected accused Ponzi schemer Robert Allen Stanford's bank, preserving the court's ability to decide whether to remand the case back to state court.