Squire Patton Boggs has said the bulk of the claims in a multimillion-dollar malpractice and fraud suit against the firm over its 17-year relationship with client Alliance Holdings should be dismissed because the firm was simply giving legal advice and was not in possession of any of the funds allegedly misappropriated by Alliance’s founder.
Squire Patton said the Employee Retirement Income Security Act and state law claims, which made up six of the nine filed against it, were either preempted by federal law, not pleaded with particularity or not appropriately pleaded against a law firm that didn’t actually handle the funds in question. According to its motion to dismiss, filed last week in Alliance Holdings v. Squire Patton Boggs, the firm did not dispute at this stage the three legal malpractice-related claims.
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