Ex Mayer Brown Partner Joseph Collins Guilty on 7 Counts in Case re Fraud By Former Refco Execs

An ex-partner of Mayer Brown was found guilty Friday by a federal jury in Manhattan of seven of the 10 counts he faced for allegedly helping then-executives of the Refco Inc. commodities brokerage perpetrate a $2.4 billion fraud on investors. Joseph Collins was convicted of conspiracy, securities and wire fraud for helping conceal the company's true financial condition from investors who helped...