March 24, 2017
An Oregon federal magistrate judge refused to free Sidley Austin LLP, Deloitte and others from a proposed class action claiming they aided an alleged $350 million Ponzi scheme, recommending Thursday that some claims be dismissed but saying the investors should have another crack at revising them.
June 13, 2016
Sidley Austin LLP, Deloitte & Touche LLP and others have urged an Oregon federal judge to toss a proposed class action claiming the firms aided an investment group in an alleged $350 million Ponzi scheme, saying the securities sales at issue aren't subject to state law.
May 19, 2016
TD Ameritrade Inc. and Integrity Bank & Trust were added Thursday to a proposed class action against Sidley Austin LLP, Deloitte & Touche LLP and others alleging the firms are liable for aiding an Oregon investment group as it allegedly misled investors in what regulators have called a $350 million Ponzi scheme.
April 05, 2016
Sidley Austin LLP, an Oregon law firm and two accounting companies were hit with a proposed class action on Monday claiming they are liable for helping an investment group entangled with a failed for-profit school prop up what regulators have called a $350 million Ponzi scheme.