Dispute resolution
William T. Reid IV, a founding partner of Reid Collins & Tsai LLP, has a national practice that focuses on complex plaintiff-side financial litigation, including but not exclusive to insolvency, professional liability, fraud, fiduciary duty, D&O, accountancy malpractice and cross-border disputes. Reid appears regularly before trial and appellate courts, including the Texas Supreme Court and has secured recoveries in the billions. Reid has further led precedent-setting litigation and currently leads derivative actions against AT&T, seeking hundreds of millions in damages for alleged breaches of fiduciary duty and unjust enrichment related to AT&T’s monetization of assets held by regional cellular partnerships.
Legal 500 Editorial commentary
- Profile
Accolades
Austin Elite
Mentions
Key clients
- Oasis Investments II Master Fund Ltd
- Adam Bower and David Munoz
Work highlights
Representing Fang Holdings shareholders in a derivative action alleging insider looting, with the New York Supreme Court denying motions to dismiss and reinforcing U.S. jurisdiction over foreign actors.