Two South Texas businesses and their executives operated a pair of Ponzi schemes to raise $3.6 million from dozens of elderly investors as old as 101 and used a good portion of the money for personal reasons, including country club memberships, spa treatments, maid service and tithing to a church, according to federal charges brought by the U.S. Securities and Exchange Commission.
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Updated – From $50 in the Bank to Tuesday’s $502M Verdict Against Apple: Meet Caldwell Cassady & Curry
Meet Caldwell Cassady & Curry. They started with a $50 bank account and a dedicated client. Now they wear jeans to work, name their conference rooms after hip-hop artists and score verdicts in the hundreds of millions. Natalie Posgate explains who they are, where they come from and why Apple wishes they’d go away.
Former Directors of Litigation at TCEQ Join Holland & Knight in Austin
John Riley and Paul Sarahan were previously at Kelley Drye.
Barnes & Thornburg Signs Lease to More than Double its Dallas Office Space
The Indianapolis law firm is moving to the new PwC Tower in the fall.
Munsch Hardt Taps Two Dallas Shareholders to Lead Diversity Committee
Nolan Knight and Michael Krywucki have been tasked with leading the firm’s diversity and inclusion efforts.
SCOTX: SA School Teacher Bullied, Not Sexually Harassed. Case Closed.
The Texas Supreme Court ruled Friday invalid a complaint of same-sex sexual harassment. The behavior, which involved two female middle school teachers, was not shown the be motivated by sexual desire. Critics say the decision undermines the rights of workers at an important moment of social awareness. Janet Elliott has the details in The Texas Lawbook.
Polsinelli Launches New Practice with Former Gardere Partners
Joyce Mazero and Len MacPhee will co-chair Polsinelli’s global franchise and supply network practice
Rationality Prevailed in SCOTX Fraudulent Representation Decision
On March 23, the Texas Supreme Court issued a unanimous opinion with significant implications for fraud and negligent misrepresentation claims asserted by one contracting party based on alleged extra-contractual representations by its counterparty.
New Oncor GC Matt Henry: ‘I Really Know My Client’
On Matt Henry’s first day as a lawyer, he was assigned a research project for a subsidiary of Texas power giant TXU Energy. Twenty-three years later, that company, now called Oncor Electric Delivery, has named Henry to be its general counsel. In exclusive interviews with The Texas Lawbook, Henry and Oncor CEO Allen Nye discuss how they met 25 years ago, the legal needs facing the business and their plans for outside counsel.
Houston Oil and Gas Partner Joins Baker Botts
Craig Vogelsang, who most recently practiced at Winston & Strawn, specializes in upstream and midstream oil and gas development, financing and acquisitions and dispositions.