Auditor Liability Following Client Bankruptcy
Counsel for a large auditing firm retained Cornerstone Research in an action arising from the bankruptcy of one of the auditor’s clients.
Tax Treatment of a Partnership
Cornerstone Research examined the economic substance of a partnership, addressing whether the partnership had features of an equity investment.
Metropolitan Creditors’ Trust et al. v. Ernst & Young
Counsel for Ernst & Young retained Cornerstone Research and Professor Christopher James of the University of Florida in an accountant’s malpractice claim brought by the bankrupt estate of Metropolitan Mortgage…
DPL Inc. Securities Litigation
For a case involving both federal and state claims, Cornerstone Research supported Professor J. Richard Dietrich of The Ohio State University to review how DPL, a large Ohio electric utility,…
Anglo American Security Fund v. S.R. Global International Fund
Counsel for Ernst & Young retained Cornerstone Research in a case arising from losses incurred by hedge fund investors.
AOL Time Warner Inc. Securities Litigation
In class action–related securities litigation brought by opt-out plaintiffs, Cornerstone Research supported Timothy Lucas, former director of research and technical activities at the Financial Accounting Standards Board and former chairman…
Auditor Independence: Audit Firm
Cornerstone Research was retained by defense counsel for a national accounting firm in a case involving an audit of a large company.
Baker v. American Century Investment Management, Inc.
Counsel for American Century retained Cornerstone Research in an action alleging that the investment management company had charged excessive fees to its mutual fund customers.
DMX Music, Inc. v. Muzak LLC and CVS Pharmacy, Inc.
DMX sued CVS and Muzak in California over an agreement to provide music programming services to the CVS drugstore chain.
MicroStrategy, Inc. Securities Litigation
MicroStrategy, Inc. and its auditor, PricewaterhouseCoopers, were named in a class action lawsuit that alleged that the announcement had caused a one-day $11 billion drop in the market capitalization of…
Mylan Pharmaceuticals v. The Procter & Gamble Company
In an alleged predatory pricing matter, Mylan Pharmaceuticals, a generic drug manufacturer, claimed that Procter & Gamble, the brand manufacturer, and Watson Pharmaceuticals, an authorized generic manufacturer, were selling competing…
Professional Malpractice
Cornerstone Research was retained to support two experts on behalf of a national accounting firm against claims of professional malpractice and breach of contract before a three-arbitrator panel.
How can we help you?
If you are looking for a publication not on our website, contact us.