The News For Law Firm Giant Proskauer Rose is Not Good, and Getting Worse

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(Free-Press-Release.com) September 6, 2009 -- WHISTLEBLOWER SUIT SET FOR TRIAL
As the public federal trial of systemic corruption allegations inside the NY State Supreme Court Appellate Division First Department (First Dept) approaches, more bad news for the Proskauer Rose law firm erupted. Last week WSJ reported CFO of Stanford Financial Group, James Davis, involved in the $7 Billion Robert Allen Stanford Ponzi. Davis pleaded Guilty to fed charges while appearing to implicate counsel Proskauer & partner Thomas Sjoblom orchestrating a plan to Obstruct SEC & FBI investigations into Stanford & more. http://blogs.wsj.com/law/2009/08/28/sjoblom-proskauer-rose-face-fallout-from-stanford-affair/
Christine C. Anderson a former Staff Attorney at the First Dept filed WHISTLEBLOWER allegations in a fed suit slated for trial Oct 13 in US District Court Southern District NY (USDC), Anderson v State of NY, 07cv09599. http://iviewit.tv/press/press1.pdf
Anderson’s suit adjudicated by Judge Shira Scheindlin contains allegations of retaliation against Anderson for termination from her job of 6 yrs, after Anderson exposed systemic Whitewashing & Obstruction inside the First Dept, claiming favoritism by the First Dept for favored law firms & attorneys. http://exposecorruptcourts.blogspot.com/2009/04/andersons-10-million-lawsuit-proceeds.html & http://iviewit.tv/press/press2.pdf
Anderson’s suit set to bring volcanic like testimony involving public office corruption & testimony by officials of the NY State Unified Court system, including Court of Appeals Chief Judge Jonathan Lippman, Presiding Judge at the First Dept during the firing of Anderson. Along with Lippman will be Defendants in Anderson, First Dept Supervisor Sherry Cohen, Former Chief Counsel Thomas J. Cahill, Hon John Buckley, David Spokony & Catherine O’Hagen Wolfe, Clerk @ US Second Circuit Court of Appeals (USCA), an initial Anderson defendant in her former job as Clerk for the First Dept, now witness in Anderson. Anderson claims Physical Abuse & Harassment by Cohen for her heroic WHISTLEBLOWING, Anderson gave riveting testimony to the NY Senate Judiciary Committee headed by former Proskauer asst Sen. John L. Sampson. Anderson testimony @ 30min http://www.youtube.com/watch?v=HR8OX8uuAbw&eurl=http%3A%2F%2Fiviewit%2Etv%2F&feature=player_embedded
Prior to permitting Anderson to trial, Scheindlin marked 7 suits, including Iviewit’s Trillion Dollar suit http://iviewit.tv/press/press3.pdf legally “related” to Anderson.
PROSKAUER TIES TO STANFORD, MADOFF & DREIER
The Stanford Ponzi investigation may be the card that knocks down the house of cards at Proskauer. Uncovering of the $65 Billion Madoff Ponzi led the SEC & FBI to intensify investigations into Stanford,
‘Perhaps the most alarming is that Stanford Investment Bank has exposure to losses from the Madoff fraud scheme despite the bank's public assurance to the contrary’, said the SEC. http://www.timesonline.co.uk/tol/news/world/us_and_americas/article5759709.ece
Ironically, Sjoblom worked for the SEC & now is implicated in FBI & SEC actions, advising client Stanford on “how” to lie to the SEC. Huffington Post on Feb 20, 09 claims,
Sjoblom, a partner at law firm Proskauer Rose doing work for Stanford's company's Antigua affiliate, told authorities that he ‘disaffirmed’ everything he had told them to date...Sjoblom spent nearly 20 years at the SEC, & served as an Asst Chief Litigation Counsel in the SEC's Division of Enforcement from 1987-1999.
http://www.huffingtonpost.com/charles-h-green/mini-madoff-scandal-scale_b_168486.html
Bloomberg on Jan 14, 09 states,
The week after Bernard Madoff was charged with running a $50 billion Ponzi scheme, Proskauer Rose…offered a telephone briefing on the scandal for its wealthy clients. With only a day’s notice, 1,300 Madoff investors dialed in. ‘This is a financial 9/11 for our clients’, said Proskauer litigation partner Gregg Mashberg…‘People are dying for information.’ http://www.bloomberg.com/apps/news?pid=20601103&sid=aO32KOhrPtRw&refer=us
Following the “client” call, investigations began into major “clients” involved in Madoff, Proskauer having perhaps the most Madoff “clients”, many who originally claimed to be victims may now be accomplice. SEC OIG delivered a stinging report on Madoff harshly criticizing lax regulators for overlooking the Madoff information from WHISTLEBLOWERS & others inside the SEC, for years. http://www.foxbusiness.com/story/markets/industries/government/report-set-criticize-sec-madoff-scheme/
Proskauer has further ties to Madoff according to TPM, in 2004 an SEC attorney, Genevievette Walker-Lightfoot, notified the SEC of the Ponzi but was forced out of her job, the SEC later settling a claim filed by Lightfoot. Upon termination, Lightfoot turned over the Madoff file to Jacqueline Wood who then presumably buried the report that could have exposed the Ponzi in 04. SEC OIG’s report mentions Wood of Proskauer throughout the entire report as a key figure in the regulatory failure. http://www.sec.gov/news/studies/2009/oig-509.pdf
After leaving the SEC, Wood took a Proskauer partnership. http://tpmcafe.talkingpointsmemo.com/talk/blogs/mrs_panstreppon/2009/07/bernie-madoff-sec-investigator.php?ref=reccafe
Laura Pendergest-Holt, Stanford’s CIO, criminally charged in the Stanford investigation, then filed a civil suit against Proskauer & Sjoblom claiming they “hung her out to dry” before the SEC. Meanwhile, Sjoblom solicited a multi-million dollar retainer from Stanford’s Chairman, A. Stanford, the night before the events with Holt at the SEC. http://www.memphisdailynews.com/editorial/Article.aspx?id=41707
WSJ reports filing of a Class Action suit against Sjoblom & Proskauer in TX after Davis’ incriminating plea agreement implicated Proskauer, seeking damages for the entire $7 Billion in damages for Proskauer’s role Aiding & Abetting,
The civil suit is largely based on a plea agreement that we mentioned in this post yesterday, which focuses in part of the alleged actions of Sjoblom, who became outside counsel for Stanford’s international bank based in Antigua in the Caribbean starting in 05. http://blogs.wsj.com/law/2009/08/28/sjoblom-proskauer-rose-face-fallout-from-stanford-affair/
Another defendant in the Iviewit Lawsuit, convicted felon Marc S. Dreier, found orchestrating yet another bizarre Ponzi, in the Dreier scheme, we find former Proskauer partner Sheila M. Gowan as bankruptcy trustee in the suit. http://blogs.wsj.com/law/2009/01/02/former-ausa-selected-as-bankruptcy-trustee-in-dreier-case
NY ATTORNEY GENERAL DEFENDANT IN IVIEWIT SUIT
While acting as the NY Gov, Eliot Spitzer, former NY AG, reached out to his former Deputy AG Dietrich Snell who left the AG to take a Proskauer partnership, in order for Snell to act as defense counsel for Spitzer during the TrooperGate / HookerGate scandals, resulting in Spitzer’s resignation. http://www.nydailynews.com/news/2007/10/13/2007-10-13_spitzer_hiring_city_lawyer_on_taxpayer_e.html
Snell working for Spitzer at the NY AG when Iviewit filed complaints with the First Dept & NY AG against attorneys involved in the patent thefts. Spitzer a named Defendant in the suit, other Defendants include First Dept, law firms ( Proskauer Rose, Meltzer, Lippe, Goldstein & Schlissel, Foley & Lardner ) & corp defendants include, Intel Corporation, Lockheed Martin Corporation, Silicon Graphics, Inc., IBM, MPEG-LA, LLC, Crossbow Ventures, Wayne Huizenga, & many more.
CEASE & DESIST
Iviewit secured seed funding from billionaire Wayne Huizenga & Crossbow Ventures whose investments were two-thirds SBA funds. Iviewit signed & executed NDAs, licensing agreements & strategic alliances starting in 1998 with many Fortune 1000 companies. Companies with signed agreements include; Real 3D, Inc., ( a consortium of Intel, Lockheed & SGI ) Dell, Wachovia, Warner Bros., AOLTW, Raymond James, Lehman Brothers, Bear Stearns, CIBC World Markets / Oppenheimer, Kodak, Motorola, General Instrument Corporation, Paine Webber, Pequot, Sony, MGM, NCR & more.
Recent formal Cease & Desist & Demand Letters have gone out to major players Intel, Lockheed & SGI, who formed Real 3D, where leading experts & engineers from the companies tested & used the technologies. Iviewit filed a formal complaint to SEC Chairperson, Mary Shapiro against Intel & others. The complaints filed for possible violations of FASB No. 5 resulting from possible failure to report liabilities to Shareholders. Liabilities resulting from the Trillion Dollar suit they are named defendants in & failure to report liabilities resulting from knowing & willful infringement in violation of signed agreements for almost 10 yrs. Accounting for the liabilities should appear in the Annual Report to Stockholders as required under FASB. http://iviewit.tv/press/press4.pdf
In recent patent disputes, settlement in excess of $600M was reached involving RIM Blackberry & NTP on the strength of an NDA. http://money.cnn.com/2006/03/03/technology/rimm_ntp/
Microsoft was issued an Injunction that awarded hundreds of millions in damages to i4i, for willful infringement of technologies embedded in MS Word. The injunction also forces a product recall of ALL products with MS Word since 2003. http://news.idg.no/cw/art.cfm?id=582697AC-1A64-6A71-CE533A73F07D7ED4
Injunction in the Iviewit suit forcing a Cease & Desist & product recall would shut down internet video, reduce digital TV channels by over 75%, recall hardware & software that uses the technologies since 1998, a recall unparalleled in history. The Iviewit matters involve investigations ongoing with the DOJ, DOJ OIG Glenn Fine, Harry Moatz, Director OED US Patent Office, the FBI OPR, the SBA OIG, former US AG Michael Mukasey, current US AG Eric H. Holder, Jr & more. Feb 09 petition to President Barack Obama & Holder @ http://iviewit.tv/press/press5.pdf
NEWS
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Eliot I. Bernstein
Founder & Inventor
iviewit , eliot bernstein , proskauer , foley , lardner , dreier , Allen Stanford , Stanford Financial , x

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Iviewit Holdings
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