Patton Boggs Says It's Not To Blame For Bad Investment

Law360, New York (November 1, 2013, 7:19 PM EDT) -- A financial services company's investors can't sue Patton Boggs LLP and a former tax partner for allegedly botching plans to sell life insurance products in Texas because it didn't get advice from them, they argued in a motion filed in Manhattan state court.

Endurance Financial International LLC and entities tied to investor Louis Kreisberg have blamed the firm and former partner James E. McNair, who is now a tax and wealth planning partner at Reed Smith LLP, for allegedly advising them that EFI could sell so-called...
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