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DIET DRUG LAWYERS-APPEAL
Judge: Lawyers lack basis for appeal in long-running diet drug case
Reported by: Associated Press
Reported: Tuesday, April 8, 2014 4:07 AM EDT
A federal magistrate judge is recommending that an appeal by two former Kentucky attorneys convicted of scamming more than 400 clients out of $94.6 million from a $200 million settlement over the diet drug fen-phen be rejected.
Gallion and Cunningham, the original owners of 2007 and 2008 Horse of the Year Curlin, are in federal prison.
Fen-phen was pulled from the market in 1997. Prosecutors say the lawyers illegally kept the bulk of the settlement, but made more money available to clients after the start of a federal criminal investigation.