Landell v. Lybrand

Citations

• 264 Pa. 406
• 107 A. 783
• 8 A.L.R. 461
• 1919 Pa. LEXIS 662

Syllabus

<p>Negligence^ — Certified public accountants — Absence of contract relation.</p> <p>Trespass for negligence will not lie against a firm of certified public accountants by a person who lias no contractual relation with. them, for a loss caused by such person’s reliance upon a report of the defendants alleged to have been false and untrue, in purchasing the stock of a corporation, upon which they reported, where it appears that the report was shown to him by some one who suggested that he purchase the stock, and there is nothing to show that the accountants made the report with intent to deceive him.</p>