Congregation of the Passion, Holy Cross Province v. Touche Ross & Co.

PRESIDING JUSTICE MANNING

delivered the opinion of the court:

Following trial, the jury returned a verdict of liability against defendant-appellant/cross-defendant-appellee, Touche Ross & Company (hereafter Touche Ross) in favor of plaintiff-appellee/cross-plaintiff-appellant, Congregation of the Passion, Holy Cross Province (hereafter Congregation), on count I, sounding in accounting malpractiee/negligence and assessed monetary damages in the amount of $3,900,000. The jury also returned a verdict of liability against Touche Ross to Congregation on count III, a breach of contract theory, and…