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April 10, 2017 |

A World of Hurt for King & Spalding in $454M Trial Loss

Say ouch. Kimberly-Clark Corp. and spin-off Halyard Health Inc. were hit with a $454 million fraud verdict in Los Angeles federal court on Friday in a lawsuit over surgical gowns that allegedly failed to protect medical personnel from infection.
14 minute read
Parrish v. Latham and Watkins
Publication Date: 2015-06-29
Practice Area:
Industry:
Court: C.A. 2nd
Judge:
Attorneys:
For plaintiff: Eagan Avenatti, Michael J. Avenatti and Scott H. Sims; Panish, Shea & Boyle, Brian J. Panish, Adam K. Shea and Kevin R. Boyle; Esner, Chang & Boyer and Stuart B. Esner for Plaintiffs and Appellants.
For defendant: McKool Smith Hennigan, J. Michael Hennigan and Michael Swartz for Defendants and Respondents.
Case number: No. B244841

Cite as 14 C.D.O.S. 7023 WILLIAM PARRISH et al., Plaintiffs and Appellants, v. LATHAM &a

Parrish v. Latham & Watkins
Publication Date: 2014-08-28
Practice Area:
Industry:
Court: C.A. 2nd
Judge:
Attorneys:
For plaintiff: Eagan Avenatti, Michael J. Avenatti and Scott H. Sims; Panish, Shea & Boyle, Brian J. Panish, Adam K. Shea and Kevin R. Boyle; Esner, Chang & Boyer and Stuart B. Esner for Plaintiffs and Appellants.
For defendant: McKool Smith Hennigan, J. Michael Hennigan and Michael Swartz for Defendants and Respondents.
Case number: No. B244841

Cite as 14 C.D.O.S. 10224 WILLIAM PARRISH et al., Plaintiffs and Appellants, v. LATHAM &

September 15, 2011 |

KPMG Case Probes Limits of Holding Accountants Liable for Sketchy Audits

A case argued Tuesday at the state Supreme Court will determine whether an accounting firm faces third-party liability when information from audits of a client is used to help advance a merger deal and is later found to be threadbare.
4 minute read
Blum v. Merrill Lynch Pierce Fenner & Smith Inc.
Publication Date: 2013-04-11
Practice Area: litigation
Industry:
Court: 9th Cir.
Judge: James V. Selna, District Judge, Presiding Before: Stephen Reinhardt and Kim McLane Wardlaw, Circuit Judges, and Robert Holmes Bell,* District Judge.
Attorneys:
For plaintiff: Michael J. Avenatti, (argued) Eagan O'Malley & Avenatti, LLP, Newport Beach, California; Michael Q. Eagan, Law Offices of Michael Eagan, San Francisco, California, for Plaintiff-Appellant.
For defendant: Robert Leo Dell Angelo, Mark Dworsky, and James Rutten, Munger, Tolles & Olson, LLP, Los Angeles, California, for Defendant. Jack P. DiCanio, Richard Marmaro, Ronda McKaig, and Peter B. Morrison, Skadden, Arps, Slate, Meagher & Flom, LLP, Los Angeles, California, for Intervenor-Appellee.
Case number: No. 11-55635

Cite as 13 C.D.O.S. 3930SCOTT A. BLUM, Individually and as Trustee of the Scott A. Blum Separate Property Trust, the Will Scott Blum Trust, the Emma Ro

August 30, 2010 |

KPMG Accounting Malpractice Verdict Affirmed but $38 Million Damage Award Vacated

A New Jersey appeals court has found sufficient evidence that accounting giant KPMG was negligent in its audits of the books of a ceramic collectibles company but inadequate proof to support a $38 million damages award to another company that acquired it. The panel said KPMG's spotty audit amounted to malpractice on a non-client, but found that the acquiring company and its president failed to prove that the combined company at the time of the merger was worth its purported value and to justify the jury's award.
4 minute read
October 14, 2008 |

Company awarded $31.8M against KPMG for allegedly ignoring fraud

A New Jersey jury has awarded $31.8 million to Cast Art Industries, a distributor of collectibles that sued KPMG for ignoring fraud at a company that Cast Art had acquired in 2000. The verdict, which is $41 million with interest, is believed to be the largest against KPMG to date.
2 minute read
August 26, 2010 |

KPMG Accounting Malpractice Verdict Affirmed but Damage Award Vacated

In a half-empty/half-full ruling for KPMG, a New Jersey appeals court finds sufficient evidence that the accounting giant was negligent in its audits of the books of a ceramic collectibles company but inadequate proof to support a $38 million damages award to another company that acquired it.
4 minute read
March 15, 2012 |

AT&T may terminate iPhone user's service as it seeks settlement

AT&T may terminate its service to an iPhone user who it says violated his agreement by tethering his device, unless he keeps settlement talks with the company confidential.
3 minute read

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