Legal Opinion

Teich v. Arthur Andersen & Co.

New York Supreme Court

Decided June 25, 1963PublishedCited by 3 opinions

1Opinion of the Court

Abraham N. (Teller, J.

Defendants move for summary judgment. Plaintiff’s opposing affidavit requests summary judgment in his favor. The action is by an individual who, during the years of 1956 and 1957, purchased the common stock of defendant “ National ”, listed on the New York Stock Exchange. Defendant Andersen is an accounting firm and company auditor for “ National ”.

The five causes of action in the complaint are all predicated upon fraud and concealment. The first claims damages based on alleged concealment from “ National’s ” financial statements for 1955 and 1956 of service costs of…

2Cases cited6 opinions

  1. Reno v. . BullNew York Court of Appeals · 1919
  2. Sager v. FriedmanNew York Court of Appeals · 1936
  3. Hotaling v. A. B. Leach & Co.New York Court of Appeals · 1928
  4. Urtz v. New York Central & Hudson River RailroadNew York Court of Appeals · 1911
  5. Singleton v. HarrimanNew York Supreme Court · 1933

1 more not listed; retrieve them via the Exa API.

3Cited by3 opinions

  1. Basista v. WeirCourt of Appeals for the Third Circuit · 1965
  2. Basista v. WeirCourt of Appeals for the Third Circuit · 1965
  3. Teich v. Arthur Andersen & Co.Appellate Division of the Supreme Court of the State of New York · 1965

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