Vyas v. Polsinelli, PC et al

  1. August 08, 2023

    Polsinelli Strikes Deal To End Crypto Fraud Suit In Fla.

    Polsinelli PC has settled a $35 million negligence lawsuit in Florida federal court, ending a dispute brought by a cryptocurrency trading club's liquidating agent that claimed that an attorney's carelessness led to the club being defrauded and losing much of the money invested in it.

  2. July 24, 2023

    Polsinelli Avoids Sanctions, More Damages In Fraud Suit

    A Florida federal judge has handed a defunct cryptocurrency trading club and its liquidating agent a pair of loses, including declining to reconsider her decision to limit potential damages in a $35 million negligence suit against Polsinelli PC, saying the liquidating agent waived his ability to argue that damages should include any other amount than what was already decided.

  3. July 18, 2023

    Polsinelli Fights Sanctions Bid For Privilege Use In Fraud Suit

    Polsinelli PC hit back against a defunct cryptocurrency trading company's motion to sanction it over its general counsel's refusal to answer certain questions related to a $35 million negligence lawsuit in Florida federal court, saying the club and its liquidating agent took the same position earlier.

  4. July 05, 2023

    Polsinelli Faces Sanctions Bid For Privilege Use In Fraud Suit

    A cryptocurrency trading club and its liquidating agent want Polsinelli PC to be hit with sanctions in a $35 million negligence lawsuit in Florida federal court for allegedly using attorney-client privilege as a "shield and sword" in refusing to answer questions about its defense in a deposition.

  5. July 03, 2023

    Judge Reduces Potential Damages For Polsinelli In Fraud Suit

    Polsinelli PC has won a partial summary judgment limiting the potential damages in a $35 million negligence lawsuit against it in Florida federal court by a cryptocurrency trading club and its liquidating agent Sanket Vyas, who says the carelessness of an attorney allowed the club to be defrauded and lose much of the money invested in it.

  6. June 08, 2023

    Polsinelli Won't Face Additional Claim In $35M Negligence Suit

    A Florida federal judge on Thursday refused to allow the liquidating agent for a defunct Florida crypto club to walk away from his current suit against the club's former Polsinelli PC attorneys so he can refile with an additional $10 million claim, calling the request "a last-ditch effort to avoid an averse ruling" that comes on the eve of trial.

  7. May 08, 2023

    Polsinelli May Face New $10M Claim In $35M Negligence Suit

    The liquidating agent for a defunct Florida crypto club is asking a federal judge to toss his $35 million malpractice suit against the club's former Polsinelli PC attorneys so he can refile with an additional $10 million claim, citing alleged negligence newly uncovered in discovery.

  8. May 18, 2022

    Polsinelli Must Face Negligence Claims In $35M Crypto Fraud

    Polsinelli PC must face a defunct cryptocurrency trading club's argument that the law firm and a former partner failed to detect illegal activity that ultimately drained the club's coffers, a Florida federal judge ruled Wednesday.

  9. February 07, 2022

    Polsinelli Wants Crypto Theft Malpractice Claims Tossed

    Polsinelli PC on Monday urged a Florida federal court to throw out malpractice claims stemming from fraud involving a cryptocurrency trading club, arguing that the failed club's liquidating agent had not adequately pled that it had an attorney-client relationship with the firm.

  10. January 10, 2022

    Polsinelli Hit With Malpractice Suit Over $35M Crypto Theft

    Polsinelli PC and one of its former partners have been hit with a negligence lawsuit in Florida federal court by a cryptocurrency trading club alleging the carelessness of the attorney allowed it to be defrauded and lose the "vast majority" of the $35 million invested into the club.