News & Events

News & Events

6.8.2010

Petranovich Quoted in the Portland Business Journal Regarding Securities Fraud

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Lane Powell Shareholder Milo Petranovich was quoted in the June 4 issue of the Portland Business Journal in an article titled “Securities fraud victims target perpetrators’ advisors.”  The article discusses the trend of investors accusing lawyers and accountants of aiding and abetting a client’s misdeeds.  Petranovich said, “It’s a troublesome trend because it can entangle lawyers and accountants even if their clients keep their shenanigans secret.  That’s especially true in Oregon, where state securities laws are among the most investor-friendly in the country.”