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Sixth Circuit Affirms Summary Judgment for Audit Firm

January 5, 2012

John Rogers¬†and Joe Kingma represented a Tennessee accountant and his firm in two lawsuits arising out of a “business divorce.” The plaintiffs alleged that the accountants were complicit in fraud and racketeering perpetrated by the CEO and claimed a loss of $125 million. The district court granted summary judgment, holding that all potential claims against the accountants had been released as part of two stock transfers. The Sixth Circuit affirmed the district court’s order.

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