National Bank of Washington v. Mallery
District Court, District of Columbia
1Opinion of the Court
CHARLES R. RICHEY, District Judge.
INTRODUCTION
In the spring of 1984, plaintiff funded a promissory note, issued to Columbia Data Products, in the amount of $9.5 million. Complaint at ¶ 19. Plaintiff alleges that it relied on financial statements prepared by the accounting firm of Deloitte, Haskins and Sells (“Deloitte”) when it decided to fund that $9.5 million note. Id. at 1120. Plaintiff now claims that those statements were materially misleading and as a result has brought this action against defendant Mallery, who is sued both individually and as a representative of a putative defendant…
2Cases cited33 opinions
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- Helicopteros Nacionales De Colombia, S. A. v. HallSupreme Court of the United States · 1984
- Asahi Metal Industry Co. v. Superior Court of Cal., Solano Cty.Supreme Court of the United States · 1987
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