I’m issuing an opinion that they’re getting off cheap. But their careers have suffered irreparable harm, so it’s alright. 🙂
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They should have just plain been disbarred. They were, de facto, lying in court.
They still can be. The state bar has to decide on that.
Exactly this. I imagine the New York bar was waiting for this opinion to get started. Also, I get that Rule 11 sanctions are rare but $5000 seems low given the equities at stake.
Hopefully the get disbarred as well.
Legal Eagle did a cool video on this, for anyone interested:
Why does The Register get paid? /s