December 18, 2018
Deloitte & Touche LLP and Sidley Austin LLP have moved to dismiss a $131 million suit brought by investors who claim the firms were partly responsible for the money they lost because of the collapse of Aequitas Capital Management, an alleged Ponzi scheme.
November 30, 2016
Sidley Austin LLP and Deloitte & Touche are facing another suit alleging they helped investment group Aequitas run a massive Ponzi scheme, as an Oregon suit seeking $131 million on behalf of nearly 200 investors was removed to federal court on Wednesday.