When Companies Sue Their Outside Counsel, It Can Be One Big Brouhaha
The Consumer Financial Protection Bureau (CFPB) has received a complaint every 21 hours for the past five years about a single California fintech company,…
March 01, 2018 at 07:00 AM
11 minute read
The Consumer Financial Protection Bureau (CFPB) has received a complaint every 21 hours for the past five years about a single California fintech company, public records show. But that's far from all the trouble CashCall and its attorneys are facing.
The 15-year-old Orange, California-based online lending company was ordered by the Virginia attorney general's office in January 2017 to pay more than $15 million to consumers who CashCall allegedly deceived into accepting illegally high interest rates on loans with annual rates reaching up to 230 percent.
The company signed a $1.5 million settlement with the New York attorney general in 2014 and paid $1 million in penalties in California in 2009. It has also paid $40 million to regulators in Georgia and $3 million in Washington, D.C. Still, the list of state actions citing CashCall's lending practices goes on. Then, of course, there's the $10.3 million the company was ordered to pay in January to the CFPB—a far cry from the $287 million the bureau originally sought but certainly not pocket change.
After years of fending off legal and regulatory challenges, in 2017, the payday lender decided to file a suit of its own—against its outside lawyers.
In recent months, two other companies, APR Energy and ALPS South, both in Florida, also have filed suits against their outside counsel that have been made public. Each of the three companies has different reasons for suing its attorneys, but all accuse their outside counsel of some form of malpractice.
While their circumstances differ, what all three of these cases show is how unusual it is for a company to take its lawyers to court in the first place. Proving these charges can be challenging, and bringing them can have reputational and business consequences.
“This is very, very rare. It's like going nuclear,” says Jason Winmill, managing partner at Boston legal consultancy Argopoint, who has no direct knowledge of the cases. Winmill says that, when his clients send out RFPs for outside counsel, law firms are required to disclose whether they are or have been engaged in a lawsuit with a client. In his 12 years at Argopoint, he says, fewer than one percent of firms have answered that question affirmatively.
“I've heard it discussed, weighed, debated by major legal departments—but I've never seen the trigger pulled,” he notes. “There are all kinds of steps and interventions that precede the lawsuit. Still, it does happen.” If a client is that dissatisfied with services provided by its firm, it is welcome to get a second opinion or switch law firms, Winmill says. He adds, “None of my Fortune 500 or global clients have ever pursued this avenue.”
CashCall's Plight
Despite the lengthy list of reasons not to initiate a legal fight with outside lawyers, CashCall apparently thought it was worth it. But it was a move that might have backfired for the company and its general counsel.
In April 2017, CashCall sued Katten Muchin Rosenman and named partner Claudia Callaway in the complaint. The company accused the firm of malpractice, claiming that CashCall's tribal business model was constructed as the result of “negligent advice and other legal services provided by an incompetent attorney and her law firm,” according to the complaint filed in California Superior Court. In her firm biography, Callaway says that she has “represented clients before the CFPB since it was established.”
Most of CashCall's problems with regulators center on the tribal business model, built on a partnership with Western Sky Financial, a shell company situated on tribal land of the Cheyenne River Sioux reservation in South Dakota. The partnership was supposedly formed so the lender would be immune to federal and state regulatory scrutiny over interest rate caps. But CashCall experienced the opposite effect.
“Defendants' malpractice destroyed an $870 million consumer lending program, harmed Plaintiffs' other successful businesses, tarnished Plaintiffs' business reputation, and caused Plaintiffs to suffer hundreds of millions of dollars in damages,” CashCall's complaint says.
Callaway and her firm adamantly deny malpractice claims. In Katten's August 2017 response to the CashCall lawsuit, the firm points to several examples of how Callaway apparently tried to convince CashCall not to follow the tribal business model.
Callaway did not respond to requests for comment, but a Katten spokeswoman said in an email, “CashCall made us aware of these allegations long before filing. Then and now, we believe them to be without merit. We will vigorously defend our firm against this matter, and we expect to prevail.”
The CFPB is siding with Katten. In a Nov. 20 posttrial brief filed during its own dispute with the lender, the bureau cites CashCall's accusations. “Defendants' outside counsel warned [Cash Call general counsel Dan Baren] in February 2011 that, if CashCall did not change the structure of the Western Sky program to support an arm of the tribe structure, it would be a 'marquee quarry' for the Bureau,” the CFPB's posttrial brief reads. Rather than relying on Katten, the bureau writes, CashCall “in fact ignored their counsel's advice for years.”
“The court should reject defendants' attempt to portray their conduct as victimless, or worse, to portray themselves as the victims of their own lawyers,” the brief states.
This is not the first time that the firm has been sued for actions related to the CFPB. Katten was sued in November 2016 by Thomas McNamara, the appointed receiver for payday lending entities involved in Consumer Financial Protection Bureau v. Moseley et al. The entities claim that Katten and Callaway, who is not a defendant in the suit but is named throughout the complaint, offered “negligent advice as to the applicability of the Consumer Financial Protection Act of 2010” to the entities' “payday lending business and loan documents,” which resulted in a suit filed by the CFPB.
Michael McCabe, a patent attorney with a private practice in Maryland who represents attorneys in ethics investigations and disciplinary matters but is not involved in the case, says CashCall made a bold decision when it chose to sue outside counsel. With all litigation like this, he says, a company can inevitably expect that it will be “airing all of your dirty laundry” for the public, including competitors, to see.
One reason these suits are uncommon, he says, is that the law firms don't want to suffer reputational harm any more than the companies do, so they will resolve problems with their clients before litigation even becomes a possibility. Plus, he says, “it chews up a lot of otherwise billable time to defend these types of matters.” Despite the distraction, McCabe says a lawyer might have “a natural instinct to defend yourself and preserve your reputation.”
Baren, who has been general counsel at CashCall since 2003, hasn't emerged unscathed from the ongoing litigation. In Katten's response to the lawsuit, the firm points to several times Baren allegedly contradicted himself in testimony provided to agencies such as the CFPB, misstated his involvement in setting up the tribal business model and even mocked a warning letter sent to CashCall by the Maryland attorney general.
“Baren was responsible for the negotiation and drafting of virtually every CashCall agreement for both the bank lending and tribal lending programs,” Katten's response brief reads. “Baren frequently ignored the advice of Katten, and on his own, crafted and devised documents that were problematic and flawed.”
Baren and his attorneys, Jennifer Keller and Timothy Alger, who are representing CashCall in its suit against Katten, declined to comment.
Turning on Their Lawyers
Four months after CashCall sued Katten, thousands of miles across the country, ALPS South, a St. Petersburg, Florida-based medical device company, sued its outside counsel at Shumaker, Loop & Kendrick in state and federal court for allegedly bungling patent applications filed on behalf of the company. Ronald Christaldi, a partner at Shumaker, is not a named defendant but is mentioned—and is the target of much blame—throughout the complaint.
In its 2017 suit, ALPS accused Shumaker's team of mishandling litigation from years earlier brought against a competitor that was accused of infringing on ALPS patents for prosthetic liners and sleeves in ALPS South LLC v. The Ohio Willow Wood Co. ALPS South was first awarded $15 million in that 2012 case, but the ruling was later overturned.
The firm also was accused of missing a deadline to file for an international patent application. In its suit, ALPS alleges that patent protection “is diminished in value and/or may be lost or invalidated in many foreign countries.” Missing the deadline also allowed ALPS' competitors time to “freely commercialize,” the suit says.
Neither the firm nor Christaldi responded to requests for comment, but the firm's managing partner, Julio Esquivel, told The Tampa Bay Times that “we have full faith in our partners and will continue to vigorously defend our firm. … It is very disappointing that a long-standing client would react in this fashion to collection on a significant amount rightly owed to our firm.”
Patrick Dekle, who is representing ALPS in the case, did not respond to a request for comment.
Not surprisingly, even the deepest and most lasting relationships between a company and outside lawyer can be damaged irreparably when lawsuits fly. Sterling Miller, general counsel of Marketo Inc., who has held roles in-house and in private practice, says he doesn't know personally of any companies that sued their outside counsel. Those that consider it, he says, quickly change course. “You have to give this a lot of thought and be sure that you want to lose that relationship with that firm,” Miller says.
Shumaker filed a countersuit against ALPS, in which the law firm claims to be owed $2.64 million in legal fees and associated costs. This scenario—a law firm suing a client over unpaid fees—is much more common than a client suing a firm over subpar service. It tends to be more of a winning formula, as well. “With a billing issue, the facts can be proven pretty easily,” Miller says. “It's much more difficult and complicated to prove malpractice.”
In a separate suit, APR Energy puts the work of its outside counsel into question. The Jacksonville, Florida-based company filed a suit on Aug. 31 alleging that Baker McKenzie's Australian arm committed malpractice and breach of fiduciary duty when it performed due diligence connected to the lease of turbine sets APR planned to use in Australia.
“At all relevant times, Baker represented itself as having the necessary expertise, experience and knowledge needed to advise plaintiffs, in Florida, of the intricacies of Australian law upon which representations plaintiffs reasonably relied on, to their detriment,” APR's complaint says.
In an emailed statement to Corporate Counsel, a spokesman for Baker McKenzie said, “The suit has no merit and we've filed a motion to dismiss the case.” He declined to comment further, citing the firm's policy against commenting on pending litigation.
Meanwhile, APR's outside general counsel Harold “Ed” Patricoff says the company suffered out-of-pocket losses exceeding $200 million when the firm failed to disclose a title defect. Patricoff says the company tried to resolve its issues out of court but “they were not willing to resolve the matter with us in any way so our next logical step was to bring a lawsuit.”
Patricoff says it was “a very serious decision” for APR to sue. At the time, Baker McKenzie was representing APR in the U.S., Indonesia and Singapore. “Shortly after we made the decision to bring a legal claim against them, we terminated the relationship as quickly as we could from a practical standpoint.”
The suit could have been avoided if Baker McKenzie had “admitted their mistake, refunded the fees and helped make the client whole for damages,” Patricoff says. “It's like an auto accident. You rear-end somebody, you damage the car and you injure the person, you apologize and pay for any damage you caused.”
As lawyers interviewed for this article repeated, actions against outside counsel are rare, and few have reached a public resolution. For the few cases that have gone forward, the lawyers are unaware of any that have made it to trial. Most cases get settled, McCabe says. “This is one where you'd especially want to reach a settlement,” he says.
CashCall, ALPS or APR could very well reach private settlements with their former outside counsel. Or this already rare breed of cases might just reach something even more unusual—a verdict.
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
NOT FOR REPRINT
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
You Might Like
View AllTrump's SEC Overhaul: What It Means for Big Law Capital Markets, Crypto Work
FTC Sues Cash-Advance Fintech Dave, Says It Deceives the 'Financially Vulnerable'
Discover Hires Interim Legal Chief as $35B Sale to Capital One Faces New Hurdles
Trending Stories
- 1Don’t Settle for the Minimum: Finding Constitutional Claims Closer to Home
- 2Federal Judge Weighs In on School's Discipline for 'Explicitly Copying AI-Generated Text' on Project
- 3Unchartered Waters: The AI Phishing Wave Is Here
- 4AI Poisoning: A Novel Cyber Security Option
- 5The Expanding Universe of Attorney Cyber Liability
Who Got The Work
Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
Who Got The Work
David X. Sullivan, Thomas J. Finn and Gregory A. Hall from McCarter & English have entered appearances for Sunrun Installation Services in a pending civil rights lawsuit. The complaint was filed Sept. 4 in Connecticut District Court by attorney Robert M. Berke on behalf of former employee George Edward Steins, who was arrested and charged with employing an unregistered home improvement salesperson. The complaint alleges that had Sunrun informed the Connecticut Department of Consumer Protection that the plaintiff's employment had ended in 2017 and that he no longer held Sunrun's home improvement contractor license, he would not have been hit with charges, which were dismissed in May 2024. The case, assigned to U.S. District Judge Jeffrey A. Meyer, is 3:24-cv-01423, Steins v. Sunrun, Inc. et al.
Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
Featured Firms
Law Offices of Gary Martin Hays & Associates, P.C.
(470) 294-1674
Law Offices of Mark E. Salomone
(857) 444-6468
Smith & Hassler
(713) 739-1250