Looper Reed Botched Client's Tax, Prenup Advice, Suit Says

Law360, New York (March 24, 2014, 9:51 PM EDT) -- Texas law firm Looper Reed & McGraw PC was slapped with a lawsuit in Texas state court Friday alleging the firm's attorneys gave a client bad federal tax advice that could cost the plaintiff millions and also failed to execute a pre-marital agreement for him.

Richard Raley says tax advice and representations he received from the firm — which now goes by the name Gray Reed & McGraw PC — weren't “well thought out” or “beneficial," and could require him to pay millions of dollars in...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.