Ethics/Professional Responsibility,
Civil Litigation
Nov. 6, 2020
Solar panel Ponzi investors sue legal advisers Nixon Peabody
Nixon Peabody LLP said it vigorously disputed the allegations and insisted its tax advice to the investors was correct.
Investors in a solar panel manufacturer shut down by the FBI after it turned out to be a $2.5 billion Ponzi scheme say Nixon Peabody LLP attorneys encouraged them to participate, according to a malpractice suit moved to federal court in Los Angeles.
Nixon Peabody said it vigorously disputed the allegations and insisted its tax advice to the investors was correct.
In December 2018, the FBI raided D...
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