Akin Gump Ducks $120M Defamation Suits

A California appeals court on Thursday upheld the dismissal of $120 million defamation cases against Akin Gump Strauss Hauer & Feld LLP, concluding U.S. Aerospace Inc.’s former general counsel, accused in an internal report of breaching fiduciary duties that spurred securities suits, was trying to punish the firm for engaging in attorney-client communications.