October 02, 2015
Barnes & Thornburg LLP told an Illinois federal court Friday that investment adviser The Nutmeg Group LLC's former owner can't make the remaining claims in his malpractice suit timely by alleging that the firm's conduct is ongoing, urging the court to toss the rest of the suit.
September 21, 2015
The former owner of investment adviser The Nutmeg Group LLC defended the remaining claims in his malpractice suit against Barnes & Thornburg LLP and Nutmeg's receiver, telling an Illinois federal court Monday that his suit is timely because the alleged conduct is ongoing.
September 08, 2015
An Illinois federal judge has tossed accusations of malpractice leveled at a Chicago-area partner with Barnes & Thornburg LLP, saying that a lawsuit brought by the former owner of underwater investment adviser The Nutmeg Group LLC is identical to an already dismissed investment suit against the partner.
August 17, 2015
Barnes & Thornburg LLP and the receiver for investment adviser The Nutmeg Group LLC asked an Illinois federal judge Friday to dismiss a malpractice suit brought by Nutmeg's former owner and managing member, saying his suit is nearly identical to an earlier one that has already been largely dismissed.
July 15, 2015
A group of investors in Nutmeg Group LLC urged an Illinois federal judge Tuesday to give them another chance to sue law firm Barnes & Thornburg LLP for malpractice, saying the court wrongly defined malpractice as encompassing only negligent behavior, not the deliberate conduct that the plaintiffs alleged.
June 10, 2015
An Illinois federal judge on Wednesday trimmed the bulk of the claims in a lawsuit filed against Barnes & Thornburg LLP and the receiver for investment adviser The Nutmeg Group LLC, but said they are not entitled to quasi-judicial immunity on some breach of fiduciary charges.
April 22, 2015
Investors irked by a Barnes & Thornburg LLP partner's work as receiver for investment adviser The Nutmeg Group LLC lambasted the firm Tuesday for seeking to derail malpractice claims in a $50 million Illinois derivative row by claiming the plaintiffs failed to include "magic words" in their pleadings.
April 08, 2015
Barnes & Thornburg LLP and the receiver for investment adviser The Nutmeg Group LLC on Wednesday urged an Illinois federal judge to reconsider a March ruling that left malpractice and breach of fiduciary duty claims in play in a $50 million derivative row over an alleged failure to provide quarterly statements to investors.
March 11, 2015
An Illinois federal judge on Tuesday trimmed a $50 million derivatives suit claiming investment adviser The Nutmeg Group LLC and Barnes & Thornburg LLP, the firm acting on behalf of Nutmeg's receiver, failed to provide quarterly statements to 90 investors, tossing several claims for legal malpractice and aiding and abetting.
July 22, 2013
An Illinois federal judge tossed a $50 million derivatives lawsuit Monday alleging that registered investment adviser the Nutmeg Group LLC and Barnes & Thornburg LLP breached their fiduciary duties by failing to provide quarterly financial statements to 90 investors, finding the claims were time-barred.