This story has been updated with a response from Akin Gump.

Lawyers at Akin Gump Strauss Hauer & Feld allegedly took advantage of a troubled CEO and looted his internet domain business, using the company's money to pay for personal expenses that included a family vacation in the Cayman Islands and nearly $3,000 in Broadway tickets, according to a new legal malpractice lawsuit filed Thursday in New York state court.

Future Media Architects, a British Virgin Islands company that traffics in internet domain names, is seeking at least $25 million in damages against the Washington, D.C.-based law firm, whose attorneys began representing FMA in 2012 and its former CEO, Thunayan Al-Ghanim, in 2013.