Second Chance for Partner Charged With Insider Trading Ends in Dismissal From Locke Lord
Hiring a former Am Law 100 partner once charged with insider trading apparently didn't end well for Locke Lord Bissell & Liddell. Court filings show that David Schwinger was informed in March that the firm was terminating him. A Locke Lord spokeswoman said the litigation between Schwinger and the firm stemmed from an "internal partnership dispute" on which the firm would not comment. Schwinger left his position as head of Katten Muchin Rosenman's Washington, D.C., office in 2006 amid an SEC investigation.