September 12, 2017
A New York federal judge on Tuesday denied Seward & Kissel LLP's bid to toss a malpractice suit, finding the suit plausibly alleged the firm failed to conduct due diligence over the sale of a lighting efficiency company to another company later implicated in a Ponzi scheme.
July 14, 2017
Seward & Kissel LLP told a New York federal judge on Friday that its role in helping a client sell his energy efficiency service company did not include due diligence on the financial state of the buyer, ForceField Energy Inc., which was implicated in a $131 million stock manipulation scheme and stiffed the seller.
February 15, 2017
The former owner of a lighting efficiency company suing Seward & Kissel LLP over losses from the sale to a company later implicated in a Ponzi scheme urged a New York federal judge on Tuesday not to allow the law firm to try and dismiss the case, calling it a "waste of judicial time and resources."
December 15, 2016
The former owner of an energy efficiency services company hit Seward & Kissel LLP with a lawsuit in New York federal court Wednesday, saying the firm cost him $7 million by guiding a share sale to ForceField Energy Inc., the company implicated in a $131 million stock manipulation scheme.