Florida Law Firm Battles ‘Revenge Lawsuit’ Allegations on Statute of Limitations Grounds

In an ongoing legal battle, a Florida law firm, accused of defrauding student debtors, has petitioned a federal judge to dismiss the lawsuit brought against it. The defense argues that the statute of limitations for the claims of rescission and breach of fiduciary duty raised by the plaintiffs has expired. Furthermore, the firm alleges that the student debtors brought forward this lawsuit as an act of ‘revenge’ and is seeking penalties and sanctions against them for the same. More details can be found in the original Law360 article.