New York’s highest court just gave a big gift to accountants, lawyers, and any other outside professional in a position to detect fraud at one of their corporate clients: The court ruled that shareholders still can’t sue them for failing to detect the fraud.
Continue reading N.Y. Court: You Still Can’t Sue Accountants, Lawyers for Clients’ Fraud
N.Y. Court: You Still Can’t Sue Accountants, Lawyers for Clients’ Fraud originally appeared on DailyFinance on Fri, 22 Oct 2010 11:00:00.
Filed Under: Columns, American International Group