Genetic Networks LLC has initiated legal action against Cooley LLP, a California-based law firm, in a Florida state court. The lawsuit centers on allegations that Cooley failed to file crucial documentation necessary to secure a lien while preparing loan papers for a $1.2 million loan extended to ECI Pharmaceuticals. This procedural oversight is at the crux of Genetic Networks’ malpractice claim. For more context, visit the detailed account on Law360.
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