Husch Blackwell Must Face Claims It Aided Client’s Fraud

Husch Blackwell LLP failed to convince a New York appellate court that it shouldn’t face claims alleging it aided and abetted a client’s fraud scheme.

Kamran Nezami owns several medical companies. Investors accused Husch Blackwell of aiding and abetting him to embezzle their investments to fund an extravagant life style.

The firm and its partner Diane T. Carter said the investors’ complaint didn’t adequately allege they had actual knowledge of the fraud.

But the complaint alleged Carter was the one who developed the idea to disguise Nezami’s embezzlement as loans, the court said. It also alleged Carter or other lawyers ...