Court of Appeals of New York
Continental Cas. Co. v. PricewaterhouseCoopers, LLP, 133
In an action by former limited partners of Lipper Convertibles, LP, asserting direct claims of fraud against PricewaterhouseCoopers, LLP (PwC), the auditor of Lipper Convertibles' annual financial statements for the years 1995 through 2000, summary judgment for defendant is affirmed where defendant showed that the damages plaintiffs claimed to have suffered was the result of the conduct of the fund at issue and not a direct diminution of plaintiffs' initial investments.
Appellate Information
- Decided 06/29/2010
- Published 06/29/2010
Judges
- Eugene F. Pigott
Court
- Court of Appeals of New York
Counsel
- For Appellant:
- Steven J. Ahmuty, J. Peter Coll