SAN FRANCISCO — San Diego city attorney Michael Aguirre on Friday announced a $4.35 million settlement of the city's malpractice lawsuit against the law firm Vinson & Elkins LLP.

San Diego hired the firm in 2004 to investigate its financial disclosure practices and to represent the city before the Securities and Exchange Commission after its pension fund scandal. The city fired Vinson & Elkins in 2005, and Aguirre filed suit against the firm in 2006, saying it failed "to protect the city's interests" and seeking $10 million in damages.

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