05/22/2008
New York District Court Holds That Lawsuit Under Oregon Blue Sky Laws May Proceed Against New York Law Firm
Houston v. Seward & Kissel, LLP, 2008 WL 818745 (S.D.N.Y. 2008)

Brief Summary

A federal judge in Manhattan held that a lawsuit brought under the Oregon securities laws, ORS § 59.005 et seq. (the “Oregon Blue Sky Laws”), may proceed against a New York law firm for allegedly aiding and abetting securities fraud by a client hedge fund.
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