With respect to our earlier post, about a rumor that Latham & Watkins represents the Church of Scientology, we have our doubts. See this comment (at 2:53 PM).
But here’s some bad news about Latham that appears to be more reliable. From the WSJ Law Blog:
[Samuel A. Fishman (pictured)] has pleaded guilty to one count of mail fraud and is slated to be sentenced in June….
The criminal information and papers from the U.S. attorney’s office say Fishman, 51 of New Jersey, was a lawyer in the corporate department of a major U.S. law firm with offices in the U.S., Europe and Asia. SEC documents show a Samuel A. Fishman was a lawyer at Latham & Watkins….
The criminal information says that, upon discovering the scheme, the law firm reimbursed its clients hundreds of thousands of dollars in expenses. The information says Fishman was the billing partner for a number of the firm’s institutional clients, including clients in banking, utilities, telecommunications and entertainment.
From 1993 through 2005, it says, Fishman mischaracterized on invoices certain expenses, such as non-reimbursable meals and parking fees, as reimbursable expenses, such as photocopying and express mail, amounting to more than $200,000 of mischaracterized expenses. He also sent client invoices that inflated actual costs to the firm, amounting to $100,000 of non-existent expenses, the information says. It says that he also falsely represented personal expenses, such as hotel bills, as reimbursable business expenses.
In case you’re wondering, Samuel Fishman is a 1981 graduate of NYU Law School. See here. Harvard Law School’s two-day winning streak for Lawyer of the Day has been broken.
Update (4:20 PM): Here is the firm’s official statement about the Sam Fishman matter, from David Gordon, managing partner of Latham’s New York office:
“As reflected in the statements from the U.S. Attorney’s Office, our firm discovered the issues relating to Mr. Fishman in 2005, immediately acted to protect our clients fully, and disclosed the matter to appropriate law enforcement authorities. Mr. Fishman resigned from the firm at the time the issues were discovered. Since that time, we have cooperated fully with the investigation.”
Samuel A. Fishman [Latham & Watkins via Archive.org]
Lawyer Pleas in Case Charging that He Bilked Firm and Clients [WSJ Law Blog]
Lawyer at Major Firm Charged with Bilking Firm and Clients [WSJ Law Blog]