March 23, 2013

LAW: Kentucky Supreme Court disbars famed class-action lawyer Stanley Chesley.

The Kentucky Supreme Court has permanently disbarred famed Cincinnati trial attorney Stanley Chesley, often called the “master of disaster” for his handling of national headline-generating class-action lawsuits. . . . Chesley is the latest of several attorneys to lose a law license after participating in a 2001 Boone Circuit Court settlement for $200 million over damages caused by the diet drug fen-phen, which damaged heart valves. The attorneys in that case received the bulk of the settlement even though contracts with their clients said they were entitled to about one-third of the settlement.

That’s not right.