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In Pari Delicto: Still a Defendant’s Best Friend in a Ponzi Scheme Case

Once again, the defense of in pari delicto has saved a defendant from a claim of professional negligence in a Ponzi scheme case. This time the case is Peterson v. Winston & Strawn, LLP , 2012 U.S. Dist. LEXIS 147653 (N.D. Ill. Oct. 10, 2012). Ronald Peterson is the trustee of two hedge funds, Lancelot...