A legal malpractice suit seeking $33 million in damages from Womble Carlyle Sandridge & Rice and four of its lawyers over what the plaintiffs claimed was the mishandled sale of a Kennesaw company has apparently settled, with all claims dismissed with prejudice.
The former owners of American Viatical Services (AVS), Philip and Sharon Loy, sued Womble along with current partners Robert Ambler and James Connelly and former partners Bernard Coleman Jr. and John “Sandy” Smith in 2014 for claims of legal malpractice, breach of fiduciary duty and breach of contract.
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