“Attorney Sanctioned for Bringing Time-Barred Securities Fraud Suit”

by Walter Olson on June 1, 2009

While our legal system is not much inclined to accord sanctions to the victims of meritless litigation, it does happen from time to time. [Vesselin Mitev, NYLJ; sanctions awarded against client John H. Libaire and Northport, L.I. attorney Mitchell A. Stein, who figured in 1990's "Lion Sleeps Tonight" case]

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