Bryan Cave off Hook in $16 Million Suit Alleging Concealment of Client Fraud
A New Jersey appeals court ruled Tuesday that a victim of Reed Slatkin's Ponzi-type scheme cannot pursue a malpractice claim against his law firm, which allegedly helped him conceal the fraud during an SEC probe. The court said the judge who dismissed the suit used a novel but allowable analysis in applying the doctrine of forum non conveniens, based in part on his view that a New Jersey fact-finder should not decide whether Bryan Cave conformed to ethics rules in California, where it represented Slatkin.
