Ades v. Deloitte & Touche

How courts have described this case

Verbatim parenthetical descriptions written by other courts when citing this decision. Ranked by citation-network relevance.

• holding that plaintiffs pled recklessness sufficiently because “allegations raise the inference that [the ac counting firm] suspected something was amiss ... yet failed to take further steps to determine the nature of the problem before issuing the Review Report and Consent Letter”
• holding sufficient allegations of accounts receivable including undelivered or consigned goods, length of time that invoices had been outstanding, documents in accounting firm’s possession and admissions by firm personnel
• section 10(b) claim against auditor properly pled where, inter alia, improperly accounted sale was booked on the last day of the fiscal year and constituted 20% of the company’s accounts receivable for the year
• review report on financial statements

Source: CourtListener parenthetical corpus (CC0).