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Pryor Cashman Hit With $37M Malpractice Suit Over Bank Deal

By Y. Peter Kang ( August 20, 2015, 9:08 PM EDT) -- A company previously controlled by real estate investor David Lichtenstein hit its former counsel Pryor Cashman LLP with a $37 million malpractice suit in New York state court on Thursday, blaming the firm for a Second Circuit reversal of a $25 million judgment in a soured deal to acquire a distressed bank....

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