Mon, 20 May 2013
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Dewey management accused of 'running Ponzi scheme' in lawsuit brought by ex-partner
Sorry, but OMG! This is a must read complaint. And how is it credible that he was guaranteed $5 million a year? The question that jumps out for me is, if Dewey was run like this, could it really be the only firm which made "aggressive" promises to attract laterals? In the uncoming downturn, as the tide recedes, we may see others who have also been swimming sans bathers.
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