Fenwick Agrees to Pay $54 Million to Settle FTX Customer Claims
Fenwick & West, FTX’s former lead outside counsel, agreed to pay $54 million to settle claims. The claims allege that the firm helped enable the exchange’s $8 billion fraud. The federal court filed the preliminary settlement in Miami and requires judicial approval. Litigator David Boies, representing the plaintiffs, said the deal was reasonable and would...
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