Greenwald v. United States

MADDEN, Judge.

The plaintiff was employed by a corporation under a contract which provided that, in addition to a fixed salary, he should receive a percentage of the amount by which the profits of the corporation exceeded a stated sum. The corporation had, from the time of its organization in 1929, employed the same firm of certified public accountants to audit its accounts and inform it of its financial position. The supervising accountant who directed the audits of the corporation’s books during the years 1934, 1935, and 1936 caused false audits to be made which showed that the corporation…