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Can a Lawsuit Become a Trainwreck? | David Dorsen
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Top-flight Washington lawyer David Dorsen represented hedge fund operator Michael Lauer for part of Lauer’s 14-year struggle to achieve justice from the SEC in a deeply flawed civil fraud action. At the end of the day, a jury cleared Lauer of all criminal charges, but when the dust settled, Lauer lost all of his money, and the alleged victims got nothing, while the lawyers and accountants reaped a lush harvest of fees.
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