Lawsuit Funders Accuse Lawyers of Fraud
The plaintiffs’ lawyers in a multibillion environmental lawsuit have been accused of defrauding the investors that were funding the suit, Roger Parloff reports inFortune. In a letter to lawyers, the funders write “we believe that you and particularly your U.S. representatives engaged in a multi-month scheme to deceive and defraud in order to secure desperately needed funding, all the while concealing material information and misrepresenting critical facts in the fear that we would have walked away had we known the true state of affairs.”