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Rogers & Wells will close its San Diego office.

July 23, 1986

The New York-based law firm, which paid $40 million to settle a lawsuit brought by investors burned by the J. David & Co. scandal, said it will close the office that was the source of its involvement in the fraud-ridden investment company's affairs. However, partners in the firm insisted that the taint of its ties to J. David & Co., which it represented in securities matters, had nothing to do with the decision to consolidate Rogers & Wells' San Diego practice into the firm's Los Angeles and New York offices.

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