David B. Newman v. Family Management Corporation et al.
Lax & Neville LLP, successfully defended FM Low Volatility Fund, a general partnership, in a securities class action law suit. A group of investors sought to hold FM Low Volatility Fund liable for investments made to feeder funds that in turn invested with Bernard L. Madoff Securities LLC. The Honorable Judge Sands of the U.S. District Court for the Southern District of New York issued the decision on October 20, 2010, dismissing the second amended class action complaint in its entirety. Judge Sands ruled that FM Low Volatility Fund, Family Management Corporation, and its top executives did not willfully ignore “red flags” in order to obtain investment fees. Newman et al., v Family Management Corp. et al, 1:08-cv-11215.
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The Lax & Neville team were total professionals in handling our case. They've clearly had quite a bit of experience handling complex legal matters in many jurisdictions and courts. I was impressed with their professionalism coupled with persistence in arguing a very complete and well-structured case. I highly recommend their services. Anonymous
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I am very, very happy with the outcome of my case and my experience with Lax Neville could not have been better. The entire team of attorneys and staff are real professionals, they always had time to answer my many questions about my case. I was treated with compassion and respect. I am so grateful I chose to work with Lax Neville. Anonymous
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This is an official " thank you" for all your hard work. It really was a pleasure to have you represent me, and I enjoyed seeing you, Rush and Sandra in action. I think Lax and Neville epitomizes the phrase "quality vs quantity". I think I told you before that I spent a lot of time researching firms; in this case things worked out, I picked the best firm. I hope I never need your services in the future, but if I do I know I found the best attorneys for these types of legal issues. Anonymous
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What transpired at the [redacted] was nothing less than a truly masterful and exceptional experience regarding your intelligence, professionalism, preparedness for my case, teamwork and erudite knowledge pertaining to Securities Law, FINRA and the SEC. The facility and ease of how the case was handled, the systematic questioning of all the witnesses to obtain the facts necessary to prove our case, the preparation of the critically conclusive information and documents, the commanding coup de gras closing argument and your tireless consideration and respect for the Panel and [redacted] was, is and will continue to epitomize my feelings and conclusion that what transpired over those long three days was nothing less than raw and unabashed brilliance. Anonymous