Berntsen v. Cooper & Lybrand, L.L.P.

LAVORATO, Chief Justice.

Following a jury trial, the district court sustained the defendant’s motion for judgment notwithstanding the verdict on several grounds. One of those grounds was that Iowa’s savings statute, Iowa Code section 614.10 (1995), did not apply to save the plaintiffs’ action from being time-barred. Because we agree that section 614.10 does not apply under the facts of this case, we affirm.

I. Background Facts and Proceedings.

Coopers & Lybrand, L.L.P. (C & L), a national accounting firm, audited the consolidated financial statements of Capitol Group and its wholly owned…