Thompson & Knight Wants $2.5M Investor Fraud Appeal Axed

Law360, Houston (October 8, 2013, 8:04 PM EDT) -- Thompson & Knight LLP urged Texas’ highest court Monday to reject a bid to revive a $2.5 million suit that alleges the firm helped a defunct home theater business transfer assets to a new venture and cut shareholders out of their investment in the company.

Responding to a petition for review filed with the Texas Supreme Court by a pair of ClearMediaOne Inc. shareholders, Thompson & Knight said the trial court presiding over the dispute was right to uphold a jury verdict vindicating the law firm...
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