KB Home Hits K&L Gates With $9.4M Malpractice Suit

Law360, New York (May 7, 2012, 10:30 PM EDT) -- Real estate developer KB Home on Friday slapped K&L Gates LLP with a $9.4 million legal malpractice and breach of contract suit in California, alleging the firm mishandled two cases accusing the developer of illegally charging service fees and failing to pay interest on home deposits.

KB Home, along with subsidiary KB Home Mortgage Co., accused K&L and partner Matthew Ball of misrepresenting their ability to handle class actions and failing to adequately represent the company in a suit that ended in a $7.1 million settlement...
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