SEC issues final judgment in an insider trading scam involving the son of a prominent attorney for WestlandsSubmitted by Lloyd Carter on Wed, 07/04/2012 - 20:18.
On May 5, I blogged about the powerful Denver, Colorado law firm Brownstein, Hyatt, Farber and Schreck with long-time ties to Interior Secretary Ken Salazar. You can read that story at
The same firm of Brownstein, Hyatt, Farber and Schreck was hired by the Westlands Water District to pursue a billion dollar claim in the U.S. Court of Claims in Washington, D.C. over failure by the U.S. Bureau of
Reclamation to complete a drainage system for Westlands. Lead partner Norman Brownstein, a prominent Washington lobbyist has been embarrassed recently by his two adult sons who have become involved in shenanigans
or outright violation of criminal laws. Brownstein's younger son, Drew "Bo" Brownstein, was involved in an inside trader scam and pled guilty, resulting in a prison term. Last week, the Securities and Exchange Commission
issued the following news release:
U.S. Securities and Exchange Commission
Litigation Release No. 22404 / June 28, 2012
SEC v. H. Clayton Peterson et al., 11 Civ. 5448 (S.D.N.Y.) (RPP)
By Lloyd G. Carter
If there are unwritten charter memberships in the Hydraulic Brotherhood, the Westlands Water District and the Denver, Colorado law firm of Brownstein Hyatt Farber Schreck undoubtedly have honored places. It's not just that Westlands, a public agency, owns a $31 million world class trout fishing resort, which it makes available to its growers at $4,200 to $7,000 a week. It's more the fact that Westlands, the largest (in acres not farmers) and most politically connected federal irrigation district in America, and Brownstein, one of the largest and most politically connected water law/lobbying firms in the nation, are partnering in Westlands' billion dollar lawsuit against the government
And that bodes ill for the American taxpayers and the environment.READ MORE »
By Lloyd G. Carter
Editor’s note: Part one of this series addresses the merits of Westlands Water District’s breach of contract claim in the U.S. Claims Court in Washington, D.C. Part Two addresses the Denver law firm hired to represent Westlands and its far flung political connections.
In the wake of the public relations debacle over the brief hiring of former federal judge Oliver Wanger, the Westlands Water District has now hired a high-powered Denver, Colorado law firm with close ties to Interior Secretary Kenneth Salazar and political tentacles reaching to the highest levels of both the Democratic and Republican parties.
Westlands, on January 6, 2012, quietly filed a complaint in the U.S. Court of Claims in Washington, D.C. claiming the U.S. Bureau of Reclamation breached its 1963 contract with Westlands by failing for decades to build a drainage system to carry away Westlands’ toxic waste waters to the Sacramento-San Joaquin Delta. There was no Westlands press release on the Court of Claims suit and no mainstream media picked up the story for almost a month. READ MORE »