In re Puda Coal Securities Inc., Litigation
District Court, S.D. New York
1Opinion of the Court
CORRECTED OPINION & ORDER
KATHERINE B. FORREST, District Judge:
An accounting firm’s worst nightmare might be to wake up one morning and discover that the company that one of its teams had audited for the past several years had in fact disappeared, and that what the team had been auditing had been merely a mirage. A twist that could serve only to heighten this distress might be the discovery that the company had been stolen a few years prior — its operations and related revenues transferred away — but that the engagement team had not discovered this fact. The team had issued a “clean opinion.”…
2Cases cited53 opinions
- Anderson v. Liberty Lobby, Inc.Supreme Court of the United States · 1986
- Celotex Corp. v. Catrett, Administratrix of the Estate of CatrettSupreme Court of the United States · 1986
- Matsushita Electric Industrial Co., Ltd. v. Zenith Radio CorporationSupreme Court of the United States · 1986
- Daubert v. Merrell Dow Pharmaceuticals, Inc.Supreme Court of the United States · 1993
- Scott v. HarrisSupreme Court of the United States · 2007
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3Cited by14 opinions
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- Miller Inv. Trust v. Morgan Stanley & Co.District Court, District of Columbia · 2018
- Comput. Design & Integration, LLC v. BrownNorth Carolina Business Court · 2018
- In re DNTW Chartered Accountants Securities LitigationDistrict Court, S.D. New York · 2016
- Garthwait v. Eversource Energy Service CompanyDistrict Court, D. Connecticut · 2022
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