July 16, 2024
An Oregon federal judge has fully adopted a magistrate judge's recommendation to sign off on a $4.5 million deal resolving investor claims against law firm Davis Wright Tremaine LLP for its work representing entities involved in an alleged real estate securities fraud scheme, while two banks were dismissed from the case.
April 30, 2024
An Oregon federal magistrate judge has recommended approval of a $4.5 million deal resolving investor claims against Davis Wright Tremaine LLP for its role in endorsing an alleged real estate securities scheme.
November 21, 2023
A judge has refused to dismiss banks from a suit brought by a group of investors over a purported real estate securities scheme, as a proposed $4.5 million settlement between plaintiffs and Davis Wright Tremaine LLP remains pending.
September 07, 2023
A plan for Davis Wright Tremaine LLP to pay $4.5 million for its role in endorsing a real estate securities scheme has earned early approval from a magistrate judge, even as banks have complained that the agreement could force them to pay more than their fair share in compensation.