September 17, 2013
A California federal jury unanimously found Tuesday that Silicon Valley Law Group didn't commit malpractice when it helped a real estate investment firm negotiate its sale to Edward Okun, whose involvement in a $126 million Ponzi scheme later bankrupted the firm and earned Okun 100 years in jail.
September 16, 2013
Silicon Valley Law Group should pay $36 million for failing to warn a real estate investment firm it represented that buyer Ed Okun engaged in fishy borrowing habits that bankrupted the firm and landed Okun in jail, a California federal jury heard Monday during closing arguments in SVLG's legal malpractice trial.
August 26, 2013
Silicon Valley Law Group failed to warn the owners of a real-estate investment firm about a potential buyer's fishy borrowing habits before he was convicted of a $126 million Ponzi scheme, the firm's attorney told a jury Monday in opening statements in their malpractice case against the law group.