Arent Fox has reached a settlement with a former client who sued the firm and one of its lawyers for allegedly bungling a life insurance policy financing deal, court records in the legal malpractice case show.

Windsor Securities sought more than $6 million for what it said were failures by Arent Fox and its partner Julius Rousseau to ensure that it had the ability to seize life insurance policies that it had lent funds to purchase. The case appeared headed for trial after U.S. District Judge George Daniels of the Southern District of New York ruled in March that key facts remained in dispute.