NJ Firm Exits Suit Over $23M Cobalt Capital Fraud

By Sindhu Sundar ( January 15, 2013, 10:53 PM EST) -- New Jersey law firm Lum Danzis Drasco & Positan LLC agreed to a $400,000 settlement Tuesday to resolve its share of a suit accusing it and other law firms of aiding a $23 million securities scam that landed Cobalt Capital Funding LLC's principals in prison....

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