(Photo: John Disney/ALM) Jones Day Faces $750M Suit Over Alleged 'Massive Fraud' in Sale of German Companies
Portland's Precision Castparts filed a suit in Houston that alleges Jones Day conspired to defraud it in connection with a $750 million acquisition of companies that turned out to be in "dire financial straits."
September 30, 2020 at 06:25 PM
4 minute read
The original version of this story was published on Texas Lawyer
A Portland, Oregon-based manufacturing company has sued Jones Day in Houston, alleging the firm conspired with a client to defraud it in connection with its purchase of a group of German companies in 2017. The suit alleges $750 million in damages.
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