Professor Alberto Bernabe -
The University of Illinois-Chicago School of Law
Wednesday, October 13, 2010
$95,000 in sanctions for filing a lawsuit knowing it was time-barred
The 2nd U.S. Circuit Court of Appeals has affirmed a nearly $95,000 sanction that Eastern District of New York Judge Denis R. Hurley imposed on a Long Island attorney and his client for knowingly filing a time-barred securities fraud lawsuit. Go here for the full story.