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Paul Hastings Billboard Settlement OK'd
A judge has approved a settlement, apparently totaling $4.25 million, of a suit against Paul, Hastings, Janofsky & Walker. The suit had alleged that some of the firm's lawyers helped Mobile Billboards of America and its affiliates sell investments in roving billboards that they should have realized were a scam. The settlement is under seal, but the judge's order says the firm "would have little incentive to pay $4.25 million" absent assurances the firm would not be subject to "further liability" to buyers.