January 03, 2017
A California federal judge on Tuesday signed off on an agreement ending an investment fund company's suit against Venable LLP and others over legal work tied to a purported $11 million scheme for pre-initial-public-offering shares of Facebook Inc.
May 16, 2014
Venable LLP and one of its former attorneys do not have to answer a subpoena launched by an investment fund company burned in an $11 million scheme for pre-IPO shares of Facebook Inc., a California federal judge ruled on Friday.
August 16, 2013
A California judge on Thursday shut down a suit brought against Venable LLP by a private investment company that claims the firm helped an alleged fraudster dupe it out of $11.25 million in bogus pre-IPO Facebook shares, saying the company had not stated a convincing fraud claim.
June 26, 2013
A California federal judge on Wednesday tossed a lawsuit brought by ESG Capital Partners LP accusing Venable LLP of helping a known con man defraud ESG of $11.25 million by falsely promising Facebook shares before the company's initial public offering, finding ESG failed to properly state its claims.
June 04, 2013
Venable LLP again moved to dismiss a legal malpractice suit by ESG Capital Partners LP alleging the law firm helped a known con man defraud the investment manager of $11.2 million by falsely promising Facebook shares before the company's initial public offering, arguing Monday that the complaint lacks specific factual allegations.
May 21, 2013
ESG Capital Partners argued on Monday that a legal malpractice suit against Venable LLP should stick, alleging that the law firm helped a known con man defraud the investment manager of $11.2 million by falsely promising to secure ESG pre-IPO Facebook shares.
May 07, 2013
Venable LLP moved in California federal court Monday to dismiss a securities legal malpractice suit by investment manager ESG Capital Partners LP over an alleged $11.2 million fraud related to Facebook Inc.'s initial public offering, claiming ESG's claims are time-barred and short on facts.