Armstrong Teasdale, a prominent law firm, recently disclosed its lack of prior knowledge regarding an investigation by the Solicitors Regulation Authority (SRA) into Anthony Kerman, a now ex-lawyer at the firm’s London office. Kerman has been accused of using a client account to pay for jewels and credit cards on behalf of a client, a matter that has served as a “difficult lesson” for the firm. This event has prompted the firm to reassess and enhance its due diligence procedures. For more detailed information, you can access the full article here.
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