Highland Capital Management said yesterday that it had reached a settlement with Schulte, Roth & Zabel in a dispute over unpaid legal fees. The law firm sued Highland in July claiming the Dallas-based investment firm owed it $2.83 million in unpaid legal fees dating to June 2008. Highland shot back saying it paid Schulte nearly $1 million in good faith “and has made every effort to resolve this issue with them.”
A spokeswoman for Highland declined to comment beyond a one-sentence statement that both sides had reached a settlement, whose terms were not disclosed. A spokesman for Schulte Roth had no immediate comment.
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