Highland Capital Management Sues Looper Reed for Extortion

Houston-based Looper Reed & McGraw has been sued on claims that it failed to return a Dallas investment firm’s stolen confidential and privileged information that it received from a disgruntled former company executive and is now using those documents in an attempt to extort the company.

The law firm, which represents Highland Capital Management, LP’s former general counsel in litigation against his former employer, contends the lawsuit is factually baseless and is nothing more than a litigation tactic in a related case.