Former Client Sues Jenkens Over Reverse-Merger Work
A former client of Jenkens & Gilchrist has sued the firm in New York federal court, alleging malpractice and breach of contract in connection with the firm’s work on a reverse merger in 2004. Tactica International, a New York distributor of personal care products, claims that Jenkens’ negligence on the merger caused Tactica’s stock price to drop and ultimately forced it to file for bankruptcy.
