Highland Capital Management Settles Schulte Suit

November 2, 2009 12:21 PM EST

DALLAS, Nov. 2 /PRNewswire/ -- Highland Capital Management, L.P. ("Highland") announced today that it has reached a settlement agreement with Schulte, Roth & Zabel pertaining to a lawsuit filed by the firm due to a billing dispute.

About Highland Capital Management

Highland Capital Management, L.P. ("Highland") is an SEC-registered investment adviser with over $27 billion of assets under management. Highland is one of the largest global alternative fixed income managers, specializing in bank loans, high yield credits and structured products. Its credit team remains one of largest and most experienced in the industry. The firm's in-house restructuring and private equity staff provides their clients with strategy, M&A and operations capabilities. Highland Capital is headquartered in Dallas, Texas and maintains offices in New York, London and Singapore.

    Media Contacts:
    Nina Devlin
    Edelman
    212.704.8145
    nina.devlin@edelman.com

    Christopher Mittendorf
    Edelman
    212.704.8134
    christopher.mittendorf@edelman.com

SOURCE Highland Capital Management, L.P.

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