Deloitte Touche and BDO Seidman went to trial in a case filed by a Miami Beach foundation claiming fraudulent practices caused it to lose more than $78 million.
January 04, 2011 at 12:00 AM
1 minute read
The original version of this story was published on Daily Business Review
One major U.S. accounting firm has settled, and another went to trial Monday in a case filed by a Miami Beach foundation claiming fraudulent practices caused it to lose more than $78 million.
While the terms of the agreement between the Batchelor Foundation and Deloitte & Touche remain confidential, foundation attorney Steven Thomas said Monday that the settlement was reached in mid-December,.
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