EPIC, a non-profit corporation v. CliftonLarsonAllen LLP

¶ 1 Is an auditor engagement agreement provision, which imposes a deadline for filing suit against the auditor within two years from the date of the last audit report, a reasonable and enforceable stipulation when the auditor’s client had one year to file suit after it should have discovered any breach of duty by the auditor and any resulting damages? Plaintiff Enterprise for Progress in the Community (EPIC) appeals from a summary judgment dismissal of its suit against its former auditing firm, CliftonLarsonAllen LLP (CLA), for negligence and breach of contract. We hold the contractual…