A federal judge in Atlanta has thrown out a malpractice suit against Atlanta law firm Page Perry in an order that took to task both the plaintiff, a well-known Atlanta receiver and trustee, and his lawyers.
In dismissing the case against Page Perry, a securities boutique, U.S. District Judge Thomas Thrash Jr. said that plaintiff S. Gregory Hays’ insistence that Page Perry lawyers had to inform on their client, Lighthouse Financial Partners LLC, to federal regulators for any suspected violations “would put every corporate lawyer in a position of policing his client and turning it in to authorities despite the [State Bar of Georgia] rules under which the attorney-client privilege is held sacrosanct.”
