Navigating the Surge: Insights into Mass Torts Litigation from Troutman Pepper Locke

In a significant development in mass tort litigation, legal experts are closely examining the implications of recent claims that could reshape liability across various industries. This surge in litigation is rooted in increasing public awareness and activism surrounding corporate accountability, safety standards, and consumer protection. Legal professionals from firms such as Troutman Pepper Locke are at the forefront, analyzing the ramifications of these mass tort cases. The firm has noted a marked uptick in claims related to a range of issues, including environmental harm, pharmaceutical negligence, and product defects. These rising concerns are often fueled … Read more

Former Locke Lord Partner Sentenced to 10 Years in Prison for $400 Million Cryptocurrency Fraud Scheme

NEW YORK – A former partner at the U.S. law firm Locke Lord has been sentenced to 10 years in prison for his involvement in a $400 million fraudulent cryptocurrency scheme, according to Manhattan federal prosecutors. Mark Scott, 55, was found guilty of conspiracy to commit money laundering and conspiracy to commit bank fraud in November 2019, related to his role in the OneCoin cryptocurrency fraud. The sentencing occurred on Thursday, presided over by U.S. District Judge Edgardo Ramos. In addition to the prison term, Judge Ramos ordered Scott to forfeit $392,940,000 and various assets, … Read more