A former client of Jenkens & Gilchrist sued the Dallas-based firm in federal court in New York on June 8 alleging malpractice and breach of contract in connection with the firm’s work on a reverse merger in 2004.
The former client alleges in Tactica International Inc., et al. v Jenkens & Gilchrist that Jenkens’ negligence on the merger caused its stock price to drop and ultimately led to financial difficulties that forced it to file for bankruptcy.
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