Arnold & Itkin Hit With Suit Over $2M Loss In 5th Circ.

Law360, New York (February 13, 2014, 10:00 PM EST) -- The chairman of a Dallas-based energy consulting company recently hit Arnold & Itkin LLP with a negligence suit in Texas state court alleging the named partners advised him and two business associates to sue an energy company in violation of a contract, leaving them on the hook for almost $2 million in damages.

Thomas Muse of Muse Stancil & Co. alleged attorneys with the Houston law firm wrongly reassured him and his business partners that they'd face "no legal backlash" if they sued Prospect Energy Corp. for...
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