A lawsuit by an attorney who claims he was done out of his share of fees may shed light on the prominent class-action firm's relations with politicians in the state of New Mexico. "Eventually, the complaint says, Labaton generated $118 million in fees from litigation on behalf of New Mexico funds in securities class actions against St. Paul Travelers and HealthSouth." [Nate Raymond, AmLaw Litigation Daily] Update Apr. 2010: he withdraws suit.
Labaton Sucharow and New Mexico
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Center for Legal Policy at the