It’s probably best not to think too hard about this one: A group of plaintiffs lawyers is being sued in L.A. federal court for breaching their fiduciary duty — to a company whose board they were suing.
“Suing the people suing the company for breach of fiduciary duty; I haven’t seen that before,” said Steven Williams, a partner at the Burlingame, Calif., firm Cotchett, Pitre, Simon & McCarthy who represents plaintiffs in securities and derivative suits.
This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.
To view this content, please continue to their sites.
Not a Lexis Subscriber?
Subscribe Now
Not a Bloomberg Law Subscriber?
Subscribe Now
LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.
For questions call 1-877-256-2472 or contact us at [email protected]
