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.
Appellate Information
- Argued 10/11/2001
- Decided 01/11/2002
- Published 01/11/2002
Judges
- Before: BECKER, Chief Judge, SCIRICA and GREENBERG, Circuit Judges.
Court
- United States Third Circuit
Counsel
- 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.