A Washington State court jury sided with investors on Friday who lost $112 million dollars in Bernie Madoffs historic Ponzi scheme in their lawsuit against Ernst & Young LLP, finding that the accounting giant was negligent by signing off on a...
In this Accounting malpractice litigation proceeding, plaintiff Bank of America alleged accounting firm BDO Seidman and other defendants of negligence in performing audits for the Bank due to which the plaintiff suffered losses by lending the Cobb... View Proceeding
Bank of America sought to hold Deloitte accountable for negligent misrepresentation based on advice in auditing opinion letters provided to its client, which was one of the bank's customers. The loan in question was a $150M revolving credit line t... View Proceeding
3-week accounting fraud jury trial in Broward County Circuit Court's complex litigation division. Plaintiffs Alan Schein and Result Technologies, Inc. brought the claim, alleging they were damaged by Ernst & Young's failure to conduct proper a... View Proceeding
Re-trial in accounting fraud litigation.From CVN's prior coverage of the first trial...This trial will determine whether BDO Seidman was an agent of BDO International, thus making the international accounting network potentially liable for a $500M... View Proceeding
Motions for stay and dismissal in case involving basis-shifting (BOSS) revenue transactions that the defendant used as tax shelter to protect capital gains revenue from taxation after the sale of the defendant's medical supplies businesses. The t... View Proceeding
