This Court’s Ruling Puts The Opinion In Auditor’s Internal Control Opinion
A brief ruling issued this week by U.S. District Court Judge James C. Mahan makes it clear that an auditor isn’t always liable even when a subsequent auditor uncovers fraud. In Oaktree Capital Mgmt.,...
View ArticleNevada’s Business Judgment Rule: FDIC – 4; Management – 0
In recent weeks, the U.S. District Court has issued four separate rulings in cases brought by the Federal Deposit Insurance Corporation (FDIC) against former bank managers for breach of fiduciary duty....
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