Market Features
NYC Law Firm Founder Accused of Securities Fraud
By Larry Neumeister
NEW YORK -- Federal authorities have charged the head of a prominent New York law firm with securities and wire fraud. The charges against Marc Dreier were contained in a criminal complaint unsealed Monday in U.S. District Court in Manhattan. A federal investigator says Dreier falsified financial statements in connection with the sale of more than $100 million in fictitious real estate notes. The 58-year-old Dreier is the founder and managing partner of the 250-lawyer firm Dreier LLP. The firm also has offices in California, Pennsylvania and Connecticut. A message left with his lawyer was not immediately returned. Dreier was charged last week in Toronto with impersonation in connection with the attempted sale of $45 million of notes to a hedge fund.TheStreet Premium Services
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| Dow Jones | S&P 500 | NASDAQ | 10-Year Note |
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| 12,393.45 | 1,310.33 | 2,827.34 | 15.81 |
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