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Reserve Sues Two Law Firms for Malpractice

Reserve Management Co. Inc., a major money-market fund company which has already been sued for fraud by the Massachusetts' secretary of the commonwealth, but the two cases seem to be unrelated. Reserve claims that while being advised by Dechert LLP, from 1997 to 2002, the firm failed to inform them of new SEC regulations that made the composition of their board invalid. Reserve claims the same for K&L Gates, who advised Reserve from 2003 to 2005. After having employed new counsel and being informed their board was outside regulations, Reserve made all necessary changes, which cost them $4 million, which they are now suing Dechert and K&L Gates for, plus damages.

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Long Beach office is seeking a junior paralegal. Bilingual English and Spanish speaker preferred.....



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Harrison Barnes, Founder and CEO, Law Firm Staff

Never Stop Using Your Imagination
Harrison Barnes | Dated:03-10-2010

It is amazing what people are able to do with the power of their imagination. Steve Jobs has become incredibly famous by taking things that already existed  and imagining and creating new uses for them.  These changes he makes by using his imagination have made him one of the most famous men in the world. Walt [...] Related posts:
  1. You Are Never Too Good to Stop Learning
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  3. Focus on Doing–and Stop Talking About Those Who Are Doing




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