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The Securities Arbitration Clinic, at Fordham's law school, recently won $23,000 in compensatory damages and $44,000 in punitive damages for an elderly couple who had been defrauded out of $25,000. Their broker had "basically stolen" their money by making phony investments with it, says Paul B. Radvany, a clinical associate professor who directs the clinic. Ten students juggle about a dozen cases there now.
From "Amid Downturn, Law Students Give Aggrieved Investors a Day in Court" (subscription required)
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