$25 million legal malpractice case against law firm dismissed after undisputed evidence showed plaintiffs were warned about potential claims and then did not timely file suit

Goble, et al. v. Beckwith, et al., No. CV2008-051863

Maricopa County Sup. Ct., Ariz.

Type of Case: Legal Malpractice

Practice Area(s): Professional Liability

Lawyer(s): Kurt M. Zitzer

Office(s): Chicago

Date: Dec 2 2010

Meagher & Geer defeated a $25 million dollar legal malpractice case within months after the suit was filed and before any discovery was taken or significant legal expenses were incurred. Plaintiffs were a group of investors who alleged they were not diligently represented in an underlying complex litigation case by several elite lawyers in the Phoenix area. Although those lawyers obtained a multi-million dollar settlement for Plaintiffs in the underlying case, Plaintiffs nevertheless sued alleging the settlement could have been more had the lawyers prosecuted the case differently. Meagher & Geer moved to dismiss the investor suit as untimely, arguing that Plaintiffs knew about their cause of action against their former lawyers and incurred some damages more than two years before filing suit. The Maricopa County Superior Court agreed with Meagher & Geer and dismissed the case. In doing so, the court rejected Plaintiffs’ novel arguments that the statute of limitations should be tolled until they learned the full extent of their damages.

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