D & O and Professional Liability
The Adams and Reese LLP Directors' and Officers'/Professional Liability Team brings a wealth of senior litigation experience in handling a wide variety of directors' and officers' and professional liability matters in a variety of industries in state and federal courts. Utilizing our substantial regional resources, our Team can staff each matter in a way that achieves the most efficient and successful resolution for our clients.
Our team has experience in the following areas of representation:
-
corporate shareholder and creditor litigation
-
accounting firm and accountant liability
-
financial advisor litigation and arbitration
-
financial institution litigation
-
legal malpractice litigation
-
insurance broker and agent liability
-
engineer liability
Representative Matters
- Defended officers and directors of a privately held medical device company in federal court against claims by investors alleging fraudulent inducement, negligence, misrepresentations and stock fraud.
- Defended officers and directors of a publicly traded manufacturing company against claims by trustee in bankruptcy alleging negligence, self-dealing and breach of fiduciary duty.
- Defended a bank and one of its officers in a lawsuit alleging negligence and seeking a declaratory judgment and damages related to loan secured by real property.
- Defended officers and directors of health care plans located in Louisiana, Oklahoma, and Texas against fraud, misrepresentation, and negligence claims brought by specially appointed receivers in Louisiana, Oklahoma, and Texas seeking millions of dollars in damages arising out of the failure of the health care plans.
- Defended officers and directors of a manufacturing company against claims of intentional or negligent misrepresentation of the companys financial condition and fraud to induce the plaintiff to continue providing temporary labor services after the company had become significant delinquent in its payments to the plaintiff.
- Defended officers and directors of a technology company against multi-million damages claims for fraudulent inducement, breach of contract, breach of fiduciary duty, and fraudulent concealment by minority shareholders and investors of another technology company.
- Defended a corporate registered investment advisor and its individual officers and directors against claims by a client for federal and state securities fraud, deceptive acts, and breach of contract for alleging unsuitable investments. The case was tried in federal court in Houston and resulted in a take nothing judgment in favor of the defendants.
Defended the officer and directors of three insolvent HMOs against claims by the state-appointed receivers seeking to impose personal liability on the individual defendants for alleged breaches of fiduciary duty and fraud. The cases were resolved on very favorable terms on behalf of our clients.
|
