“The way the crypto Ponzi schemes seem to be evolving is that they appear to be a lot more sophisticated, said Marcelo Diaz-Cortes, a partner at Levine Kellogg Lehman Schneider + Grossman in Miami who is an expert not involved in the matter.
"It's got a horrible reputation for bad verdicts and it's a very antilawsuit place, but this case just transcended all of that," plaintiffs attorney Frank Swarr said of the wrongful-death case handled in St. Tammany Parish court in Louisiana.
K&L Gates scored a $10.5 million jury verdict on behalf of a Washington poultry and meat retailer in a suit against two companies in its supply chain that falsely advertised their chicken products as "boneless."