Top lobbying shop breaks up
By Roxana Tiron
Posted: 02/10/09 03:02 PM
A top defense-lobbying firm in Washington that was recently raided by the FBI is disintegrating.
Several high-profile lobbyists with The PMA Group privately informed clients and K Street colleagues this week that they are starting a new firm.
The lobbyists resigned from PMA last Friday after they were unable to strike a buyout deal with Paul Magliocchetti, the founder of PMA Group, who indicated earlier this year he wanted to retire.
The new group is called Flagship Government Relations and is being billed as a business development and lobbying firm, The Hill has learned.
The announcement comes as news broke on Monday that the FBI raided PMA’s offices in November.
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http://thehill.com/leading-the-news/top-lobbying-shop-breaks-up-2009-02-10.html