June 23, 2016
The trustee for bankrupt investment advisory firm Aletheia Research and Management Inc. wants Gibson Dunn & Crutcher LLP disqualified from representing O'Melveny & Myers LLP in his $13.7 million California federal malpractice suit, saying the law firms collaborated on behalf of Aletheia in an underlying contract dispute.
November 06, 2015
A California federal judge on Thursday approved a settlement allowing Freedman & Taitelman LLP to exit a legal malpractice lawsuit in which the trustee for bankrupt investment advisory firm Aletheia Research and Management claimed Freedman and O'Melveny & Myers LLP collected fees while ignoring a conflict of interest in representing Aletheia.
June 15, 2015
A California federal judge tentatively ruled Monday that the trustee for bankrupt investment advisory firm Aletheia Research and Management Inc. must arbitrate its legal malpractice claims against O’Melveny & Myers LLP before it can proceed with bankruptcy claims to recover funds paid to the firm.
Correction: An earlier story incorrectly named the bankruptcy trustee. The error has been corrected.
January 02, 2015
While 2014 proved to be a big year for professional liability litigation, there are a few malpractice cases still unfolding that could have major lessons for law firms in the coming years and attorneys would be wise to pay attention, legal ethics experts say.
November 12, 2014
The trustee for bankrupt investment advisory firm Aletheia Research and Management Inc. hit O'Melveny & Myers LLP with a $13.7 million malpractice suit Monday, alleging the firm ignored a conflict of interest to keep racking up fees in a contract dispute.