Home

Lathrop & Gage Settles With FDIC for $7.4 Million
Download PDF
1 Star2 Stars3 Stars4 Stars5 Stars (No Ratings Yet)
Loading...

Lathrop & Gage has agreed to pay the Federal Deposit Insurance Corp. $7.4-million to settle a legal malpractice suit that was originally brought against the firm by Washington Mutual. The suit was scheduled to begin this week in federal court in St. Louis.

The FDIC took control of the lawsuit when Washington Mutual failed in September 2008. Lathrop & Gage was sued by the financial institution for its handling of an earlier suit filed by Conseco Finance Servicing Corp. against North American Mortgage Co. which had just been bought by Washington Mutual, in which Conseco claimed misappropriation of trade secrets and unfair competition.

WaMu lost the case and had to pay Conseco $10.7 million, the Kansas City Business Journal reported this morning. In turn, WaMu sued Lathrop & Gage for legal malpractice.

  
What
Where


Lathrop & Gage has about 300 lawyers and is based in Kansas City.



 

RELEVANT JOBS

Corporate Attorney

USA-NJ-Fairfield

Full-Time or Part-Time Corporate Attorney We are a boutique corporate and commercial transactiona...

Apply now

Staff Attorney

USA-ME-Augusta

LEGAL SERVICES FOR THE ELDERLY STAFF ATTORNEY POSITION LSE is a statewide non-profit organizat...

Apply now

Associate Attorney - $65,000 minimum to start (more for experience)

USA-FL-Saint Augustine Beach

ST. AUGUSTINE ASSOCIATE ATTORNEY Membership in Good Standing with Florida Bar and able to re...

Apply now

Helpline Attorney

USA-ME-Augusta

Helpline Attorney Position (fulltime) Legal Services for the Elderly, Augusta, Maine. LSE is ...

Apply now

BCG FEATURED JOB

Locations:

Keyword:



Search Now

Litigation Associate Attorney

USA-FL-Maitland

Maitland office of our client seeks litigation associate attorney with 2+ years of experience in def...

Apply Now

Litigation Associate Attorney

USA-NC-Charlotte

Charlotte office of our client seeks associate attorney with 1-3 years of civil litigation. The cand...

Apply Now

Litigation Attorney at Law

USA-NJ-Eatontown

Eatontown office of our client seeks litigation attorney at law with experience. The candidate shoul...

Apply Now

Most Popular

SEARCH IN ARCHIVE

To Top