Ethics/Professional Responsibility
Jun. 12, 2024
Speech pathologists accuse BakerHostetler of malpractice
According to the complaint, the plaintiffs lacked knowledge of complex business transactions. In contrast, the buyer, the private equity firm Carroll Capital Inc., specializes in intricate deals and employs litigation counsel to aid in company takeovers.
Three equity holders in Easy Speech Pathology Inc. sued Baker & Hostetler LLP, alleging legal malpractice and breach of fiduciary duty after incurring expenses greater than the value of their business transaction.
According to the complaint, the plaintiffs lacked knowledge of complex business transactions. In contrast, the buyer, the private equity firm Carroll Capital Inc., specializes in intricate deals and employs litigation counsel...
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