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Pastimes : Investment Chat Board Lawsuits

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To: Win-Lose-Draw who wrote (8822)8/22/2005 4:43:20 AM
From: Jeffrey S. Mitchell  Read Replies (2) of 12465
 
This isn't the first time O'Quinn Laminack has been accused by a judge of running afoul of the law...

Attorney misbehavior has prompted a federal judge to dismiss a suit claiming that an equity group preyed on an Internet company by lending it money and then driving its stock into the ground.

In the so-called death spiral financing case, Internet Law Library v. Southridge Capital Management, 01 Civ. 6600, Southern District Judge Robert L. Carter said Tuesday that the "harsh" sanction of dismissal was warranted because plaintiffs' lawyers showed "repeated and flagrant disregard for the court's orders" when they attempted an end-run around restrictions on discovery with broad-ranging subpoenas.

The attorneys -- James W. Christian and Gary Jewell of Christian, Smith & Jewell in Houston; John O'Quinn of O'Quinn, Laminack & Pirtle of Houston; and O'Quinn's local counsel, Maryann Peronti of New York's Koerner Silberberg & Weiner -- indicated they would appeal the ruling.


etc.

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