Legal Opinion
Continental Casualty Co. v. Pricewaterhousecoopers, LLP
New York Court of Appeals
Decided June 29, 2010No. 133PublishedCited by 24 opinions
1Opinion of the Court
OPINION OF THE COURT
Pigott, J.
In these actions, plaintiffs, former limited partners of Lip-per Convertibles, LP, assert direct claims of fraud against PricewaterhouseCoopers, LLP (PwC), the auditor of Lipper Convertibles’ annual financial statements for the years 1995 through 2000. Plaintiffs claim that PwC fraudulently declared the partnership’s financial statements to be accurate and prepared in conformity with generally accepted accounting principles (GAAP), when in fact they were not. Plaintiffs argue that they were induced by PwC’s fraud into making
*267their initial investments in the…
2Cases cited5 opinions
- Lama Holding Co. v. Smith Barney Inc.New York Court of Appeals · 1996
- Reno v. . BullNew York Court of Appeals · 1919
- Sager v. FriedmanNew York Court of Appeals · 1936
- Hotaling v. A. B. Leach & Co.New York Court of Appeals · 1928
- Continental Casualty Co. v. PricewaterhouseCoopers, LLPAppellate Division of the Supreme Court of the State of New York · 2008
3Cited by24 opinions
- Cilp Associates, L.P. v. Pricewaterhouse Coopers LLPCourt of Appeals for the Second Circuit · 2013
- Anwar v. Fairfield Greenwich Ltd.District Court, S.D. New York · 2010
- Mawere v. LandauAppellate Division of the Supreme Court of the State of New York · 2015
- Lbbw Luxemburg S.A. v. Wells Fargo Securities LLCDistrict Court, S.D. New York · 2014
- Passiglia v. Northwell Health, Inc.District Court, E.D. New York · 2017
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