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K&L Gates Wants Out Of Oil Co. Client's Securities Action

By Aebra Coe (March 24, 2015, 5:21 PM EDT) -- K&L Gates LLP asked a California federal court Monday to cut legal malpractice claims from a securities class action against its clients, former directors of oil and gas company Tri-Valley Corp., saying the law firm never owed the investors of its clients any fiduciary duty and the claims are barred by an automatic stay in bankruptcy court anyway....

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