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  • Audit Malpractice Defense: Four Key Issues

    When a major fraud is discovered in a company, one of the key targets of litigation is usually the independent auditors. Two well-publicized cases in which management or shareholders suing the auditors after fraud was uncovered involve Koss Corp. (auditors […]

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  • Navistar v Deloitte: Blame the Auditors for Fraud Committed and Concealed By Employees

    In cases of corporate fraud, including embezzlement, financial statement fraud, earnings management, bribery, and the like, it’s easy to blame the auditors. After all, they have very deep pockets, often with large malpractice policies. Even though the task of auditors […]

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