Tax attorney | Paul Daugerdas |
Client | Bill Melton |
Is Current | no |
Goods | questionable tax shelters |
Notes | The IRS estimates that 1,400 investors have been affected by the firm's advice and will owe interest and penalties on their underpayment of tax. More than 1,100 of them joined Deary's class-action suit against Jenkens, which was eventually settled for $81.55 million. Individuals including former America Online board member William N. Melton and former AmeriCredit chief executive Daniel E. Berce also filed their own suits against Jenkens and Daugerdas. |