Legal Opinion

Symbol Technologies, Inc. v. Deloitte & Touche, LLP

Appellate Division of the Supreme Court of the State of New York

Decided October 27, 2009PublishedCited by 39 opinions

1Opinion of the Court

OPINION OF THE COURT

Austin, J.

In this action, inter alia, to recover damages for accounting malpractice, the plaintiff Symbol Technologies, Inc. (hereinafter Symbol), alleges, among other things, that the defendant, Deloitte & Touche, LLP (hereinafter Deloitte), in the annual audits it conducted for the fiscal years 1998 through 2001, failed to discover the fraud perpetrated by several members of Symbol’s senior management to inflate corporate revenues and earnings. As a result of the fraud, Symbol was caused to pay out more than $100 million in unearned compensation to its senior management,…

2Cases cited34 opinions

  1. Leon v. MartinezNew York Court of Appeals · 1994
  2. Goshen v. Mutual Life InsuranceNew York Court of Appeals · 2002
  3. 511 West 232nd Owners Corp. v. Jennifer Realty Co.New York Court of Appeals · 2002
  4. McCoy v. FeinmanNew York Court of Appeals · 2002
  5. Wight v. BankAmerica Corp.Court of Appeals for the Second Circuit · 2000

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3Cited by39 opinions

  1. Anwar v. Fairfield Greenwich Ltd.District Court, S.D. New York · 2010
  2. Securities & Exchange Commission v. LeeDistrict Court, S.D. New York · 2010
  3. Kennedy v. FischerAppellate Division of the Supreme Court of the State of New York · 2010
  4. DeStaso v. Condon Resnick, LLPAppellate Division of the Supreme Court of the State of New York · 2011
  5. Tsafatinos v. Lee David Auerbach, P.C.Appellate Division of the Supreme Court of the State of New York · 2011

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

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