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Mutual Of Omaha Agent Settles In Timber Co. Ponzi Scheme

A court-appointed receiver of two Mississippi timber companies involved in a massive Ponzi scheme has asked the court to approve a settlement reached with one of the defendants who served as a Mutual of Omaha agent and allegedly helped recruit investors into the scheme. ....

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Baker Donelson and the timber mogul's Ponzi scheme: a cautionary tale


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That’s the message of a ruling on Thursday from U.S. District Judge Carlton Reeves of Jackson, Mississippi, denying Baker, Donelson, Bearman, Caldwell & Berkowitz’s motion to dismiss claims that the law firm helped a fraudster named Lamar Adams attract investors in what turned out to be a $164.5 million Ponzi scheme.
Baker Donelson did not spend much time on traditional legal services for Adams, who is serving a 19.5-year prison sentence for orchestrating the scheme, which falsely promised investors outsized returns on timber sales to lumber mills. That work was limited, according to Reeve’s opinion, to drafting subscription agreements and some other investment documents. ....

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Butler Snow Ends Appeal After $9.5M Timber Scam Settlement


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Butler Snow Ends Appeal After $9.5M Timber Scam Settlement
Law360 (May 5, 2021, 10:13 PM EDT) Butler Snow LLP and its business development subsidiary have told the Fifth Circuit that they ve made a $9.5 million settlement deal to end claims they d played a role in a timber-cutting Ponzi scheme, rendering moot their appeal of a district court s decision that the case must proceed in court instead of via arbitration.
In a motion to withdraw their appeal filed Tuesday, Butler Snow, Butler Snow Advisory Services LLC and the subsidiary s chief executive, Matt Thornton, told the Fifth Circuit that U.S. District Judge Carlton W. Reeves had approved the multimillion-dollar settlement deal they struck with Alysson Mills, the receiver for. ....

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PETA files lawsuit against LSU regarding biological sciences professor's research


PETA filed a lawsuit against LSU concerning Biological Sciences Assistant Professor Christine Lattin, who is conducting a taxpayer-funded experiment on sparrows.
The experiment allegedly involves trapping sparrows, pumping them with sex hormones, exposing them to terrifying calls from predators, and then killing them, according to Tasgola Bruner, media manager at People for the Ethical Treatment of Animals (PETA).
PETA ranked LSU worse in its Failed Tests: Campus Cruelty Report, an interactive report …
The lawsuit is requesting that the University disclose records related to the experiments being conducted, which is required by the Louisiana Public Records Act. 
“Louisiana’s residents have a right to know if their tax dollars are funding the abuse of birds in LSU’s laboratories,” PETA Senior Vice President Kathy Guillermo said. “PETA looks forward to receiving these records and learning how sparrows lived and died for Christine Lat ....

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