K&L Gates settled a malpractice suit by Quantum Materials Corp., which accused the firm of malpractice by representing the semiconductor maker and two lenders who brought a legal action against it.
Settlement terms are confidential, Quantum said in a motion in the District Court of Hays County, Texas, to approve the agreement. K&L Gates and Michael Minns, a lawyer for Quantum, declined to comment.
The company in 2018 filed the lawsuit that stems from a payments-related dispute between Quantum and lenders SBI Investments LLC and L2Capital LLC. The company claimed it signed up K&L Gates as its counsel in 2016, ...
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