IN RE: IKON OFFICE SOLUTIONS, INC., 01-1553
Conclusion by a competing accounting firm that defendant accounting firm did not stray from generally accepted accounting principles, while not conclusive on ultimate issue of scienter, is evidence that defendant was not reckless.
- Argued 10/11/2001
- Decided 01/11/2002
- Published 01/11/2002
- Before: BECKER, Chief Judge, SCIRICA and GREENBERG, Circuit Judges.
- United States Third Circuit
- For Appellant:
- Todd S. Collins (Argued), Merrill G. Davidoff, Jacob A. Goldberg, Douglas M. Risen, Berger & Montague, Philadelphia, PA, Jared Specthrie (Argued), Justin C. Frankel, Milberg Weiss Bershad Hynes & Lerach, New York, NY, Lynn Lincoln Sarko, Britt L. Tinglum, Keller Rohrback, Seattle, WA, Stuart H. Savett, Savett Frutkin Podell & Ryan, Philadelphia, PA, Attorneys for Appellants.
- For Appellees:
- Lawrence S. Robbins (Argued), Gary A. Orseck, Kathryn S. Zecca, Robbins, Russell, Englert, Orseck & Untereiner, Washington, DC, Edward M. Posner, William M. Connolly, Drinker, Biddle & Reath, Philadelphia, PA, Jonathan C. Medow, Brian J. Massengill, Mayer, Brown & Platt, Chicago, IL, Kathryn A. Oberly, Patricia A. McGovern, Ernst & Young LLP, New York, NY, Attorneys for Appellee.