COMMITTED TO ACHIEVING YOUR GOALS
September 10, 2012
HSBC Hits Troutman Sanders With $75M Malpractice Suit
As reported in Law360 by Ben James
HSBC Bank USA NA slapped Troutman Sanders LLP and a former Troutman partner with a malpractice lawsuit in New York on Friday, claiming their negligence enabled a former fundraiser for President Barack Obama to steal $75 million after putting up nonexistent securities as loan collateral.