Former shareholders of defunct commodity trader, Refco, filed suit on Monday against the Chicago area law firm that advised Refco on the firm's 2005 initial public offering. This would be the latest move against law firm Mayer Brown, which has a long history with Refco. This would be only one of several related suites pending against Mayer Brown, all stemming from its alleged role in the Refco fraud.

Details via Forbes.

Labels: Mayer Brown Rowe and Maw, Refco