K&L Gates Appeals Revival of Le-Nature's Malpractice Suit
AUG 29, 2012 - 7:35 am
An article published on Law360.com reported that K&L Gates asked the Pennsylvania Supreme Court last week to review a lower court’s decision reviving a $500 million malpractice case by the liquidating trustee of Le-Nature’s accusing the firm of failing to uncover massive fraud at the now-defunct company.
K&L Gates and accounting firm Pascarella & Wiker are accused of giving Le-Nature’s a clean bill of financial health despite numerous red flags in a 2003 investigation ordered by a special committee of independent directors appointed after several senior financial managers resigned citing suspicions of fraud, the article noted.
Our industry can and will benefit from having more women in leadership positions. Spaces that are inclusive of people from various backgrounds — gender, ethnicity, etc. — naturally culminate in a broader set of ideas, which gives companies more options... read more
The Alta Group’s new vice chairman, Jim Merrilees, has noticed a major trend during his first six months consulting in the equipment finance industry: an inability or reluctance of many firms to innovate to attract talent during the current labor... read more