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Cardica Inc. Message Board

  • biotechbeagle biotechbeagle Oct 8, 2013 8:27 AM Flag

    a reputation for haste and questionable behavior that has dogged Faruqi & Faruqi

    The lawsuit by Alexandra Marchuk accuses Monteverde of repeatedly harassing the Vanderbilt Law grad during her unhappy four-month stint at Faruqi & Faruqi, before finally forcing drunken sex upon her in December, 2011. This episode followed a frank discussion in a nearby bar about her badly needed bonus, the suit says.

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    “Suffering discontent and not wanting to continue having sex with him, Ms. Marchuk implored Mr. Monteverde to stop, but he disregarded her pleas and continued having sex with her,” the lawsuit states, before going on to even more graphic details.

    A woman answering the phone at Faruqi & Faruqi this morning declined comment. Name partner Lubna Faruqi told Above the Law “these claims are completely without merit, brought by a disgruntled former employee.”

    But with very specific allegations of drunkenness and harassment, often witnessed by fellow employees who presumably could be put under oath, the lawsuit looks like trouble for Monteverde and the firm. And that trouble just adds to a reputation for haste and questionable behavior that has dogged Faruqi & Faruqi and led to an increasingly contentious relationship with the Delaware judges who must decide whether the firm’s lawyers can pursue shareholder suits there.

    Faruqi & Faruqi maintains an active presence on the web, firing off press releases after merger announcements and other significant corporate events in search of clients who can help it assemble class actions. It has a habit of filing suits the moment news occurs, making a mockery of the idea that lawsuits should be carefully researched before they hit the courthouse. A Delaware judge addressing an inter-law firm squabble over who would lead a class action against BAE Systems in 2008 noted that “the initial complaints wer

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