Tuesday, May 22, 2012

Lawsuit against Le-Nature's law firm reinstated

PITTSBURGH (AP) -- A Pennsylvania appeals court has reinstated a malpractice claim against one of Pittsburgh's leading law firms.

The Superior Court ruling Monday involves law firm K & L Gates and Le-Nature's, a bankrupt soft drink maker that was based in Latrobe.

In the lawsuit a bankruptcy court trustee had accused K & L Gates of professional negligence for its role in an investigation that failed to uncover massive fraud at Le-Nature's.

Last year the founder of Le-Nature's was sentenced to 20 years in federal prison for an accounting fraud scheme that cost investors $684 million. Other company executives and associates also received stiff sentences.

A K & L Gates spokesman didn't immediately respond to messages seeking comment.


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