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First-Year Off Hook In Representing Dot-Com
Heller Ehrman White & McAuliffe has agreed to settle a suit charging that the firm drove a now-defunct dot-com into the ground by making a first-year associate its lead attorney.
E-Compare Corp., which developed online shopping technology, filed suit against Heller in 2002 in San Francisco Superior Court. The busted dot-com sought about $200 million ' the purported value of the company ' in damages on claims of fraud, breach of contract, negligence and breach of fiduciary duty.
The terms of the settlement are confidential, says E-Compare's attorney, William Veen, and Ragesh Tangri, a Keker & Van Nest partner who represented Heller.
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