Ward v. Ernst & Young

SENIOR JUSTICE POFF

delivered the opinion of the Court.

We awarded an appeal to a plaintiff, the sole stockholder of a corporation, from an adverse judgment entered in an action for breach of contract and professional negligence brought against an accounting firm engaged by the corporation. The plaintiff claimed damages for the loss of a portion of the proceeds of the sale of his stock resulting from the defendant’s error in calculating the corporation’s “deferred revenue”. The trial court granted the defendant’s demurrer to the original motion for judgment. At the conclusion of the plaintiff’s…