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Cases & Deals

August 28, 2015

King & Spalding Obtains Litigation Win on Behalf of Management and Financial Advisory Firm

LOS ANGELES, Aug. 28, 2015 — King & Spalding litigators obtained a victory on behalf of a closely held, Virginia-based management and financial advisory firm and its ownership, persuading a Los Angeles court to dismiss all claims in a high-value case.

The plaintiff in the case had alleged investment fraud, despite not having met or dealt with the management and financial advisory firm, and had sought damages of more than $1 million each from the firm and its ownership personally. On Aug. 20, a Los Angeles Superior Court judge dismissed all claims against the King & Spalding client on the basis of jurisdiction, finding that neither the management and financial advisory firm nor its owners had engaged in either solicitation or promotions targeted to California residents.

The Los Angeles-based King & Spalding team included Steven D. Park and Vincent F. Tremonti.

About King & Spalding
Celebrating more than 125 years of service, King & Spalding is an international law firm that represents a broad array of clients, including half of the Fortune Global 100, with 800 lawyers in 17 offices in the United States, Europe, the Middle East and Asia. The firm has handled matters in over 160 countries on six continents and is consistently recognized for the results it obtains, uncompromising commitment to quality, and dedication to understanding the business and culture of its clients. More information is available at