“Oregon Judge Approves $4.5M Settlement in Davis Wright Tremaine Real Estate Fraud Case”


An Oregon federal judge has fully adopted a magistrate judge’s recommendation to sign off on a $4.5 million deal resolving investor claims against law firm Davis Wright Tremaine LLP. The settlement addresses the firm’s representation of entities implicated in an alleged real estate securities fraud scheme. Notably, two banks have been dismissed from the case. For further details, you can read the full report on Law360.