Pants Suit Follies

One thing I always told clients: beware of the downside of filing a lawsuit. It can go beyond the obvious concerns about expense and time. If a lawsuit will make the plaintiff look like an idiot–like my former financial manager client who, without due diligence, provided the financing to build a nursing home on a landfill and then wanted to sue the bond placement agent for securities fraud–then someone must consider the risk of a ruined reputation on the plaintiff’s business. Or job prospects. This headline confirms that Judge Roy L. Pearson, Jr. never learned this lesson: Pants lawsuit could cost D.C. judge his $100,000 job. Pearson’s boss reversed his prior recommendation–made before the dry cleaning donnybrook–that Pearson be reappointed.

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