Investment Fund Fires Morgan Lewis for ‘Enabling’ Trump With Ethics Advice

Morgan, Lewis & Bockius, you’re fired, client H. Scott Wallace told the firm’s leader this month in a scathing letter condemning its representation of President Donald Trump.

The letter, dated Tuesday and first reported by Politico, appears to be the first public sign of client blowback directed at Morgan Lewis over partner Sheri Dillon’s work concerning the Trump family business and the president’s duties and ethical obligations.

Addressing Morgan Lewis’ Philadelphia-based chair Jami Wintz McKeon (pictured left), Wallace called the firm’s legal sign-off on Trump’s sons running his trust and other ethics issues “an unprecedented invitation to corruption and an assault on our democracy.”

“Americans deserve a president of undivided loyalty,” he wrote. “Your firm has denied them that. We cannot be complicit in that.”

Wallace is the grandson of Henry A. Wallace, the New Deal politician who served as vice president to Franklin Delano Roosevelt. The late, elder Wallace founded Wallace Global Fund, a mission investing fund that supports many issues Trump does not, including climate change and protecting against a “corporatist state that concentrates power in the hands of the few.”

Tax records show the Washington, D.C.-based fund paid $77,433 to Morgan Lewis in the most recent fiscal year.

In his letter to McKeon this week, Wallace attacked the firm’s legal positions and accused Trump of using the presidency for personal gain.

Morgan & Lewis’ Dillon appeared alongside Trump at a January news conference and presented a stack of papers they said were tax documents creating a corporate structure that wouldn’t run afoul of ethical and conflict rules.

“[Trump] directed me and my colleagues at the law firm Morgan, Lewis & Bockius to design a structure for his business empire that would completely isolate him from the management of the company,” Dillon said in prepared remarks at the event. “He instructed us to take all steps realistically possible to make it clear that he…

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