Craig Story v. Deloitte LLP
Fourth Judicial District of Idaho, Ada County
Lead counsel for Deloitte defending an action brought by the former CEO of Pure Health Systems, Inc. (PHSI), in an action alleging breach of fiduciary duty and other misconduct in connection with the sale of PHSI to a private equity group. Case was dismissed with prejudice.
Sell v. Sewell, et al.
U.S. Supreme Court of Arizona
Lead counsel for regional accounting firm and two of its partners in action alleging Arizona Securities Act, breach of fiduciary duty and negligent misrepresentation claims. All claims dismissed except for negligent misrepresentation claims based on the investments of eleven of the more than one hundred and fifty investors. The remaining negligent misrepresentation claims were settled after obtaining landmark ruling by the Arizona Supreme Court rejecting aiding and abetting claims under the Arizona Securities Act.
Claim Asserted by National Surety
Lead counsel for national accounting firm in responding to a 2013 demand letter asserting claims for malpractice in connection with audits of a construction company for whom the surety issued bonds. Surety decided not to pursue litigation against the accounting firm.
Global Aircraft Solutions Inc.
Lead counsel for national accounting firm in 2010 and 2011 in resolving, without litigation, allegations of a public company against its former accounting firms. Matter settled.
Standard Chartered PLC v. Price-Waterhouse LLP
Superior Court of Arizona, Maricopa County
Arizona Court of Appeals
Counsel for Price-Waterhouse in post-trial proceedings, on appeal, and on remand. The case involved questions of first impression under the Arizona Securities Act and various common law theories. The Arizona Court of Appeals overturned a $338 million accountant malpractice verdict and directed judgment in favor of Price Waterhouse on all but a single claim, which was settled on remand. Ariz. 6, 945 P.2d 317 (Ariz. Ct. App.1996)
AMERCO Inc., et al. v. PricewaterhouseCoopers, LLP, et al.
Superior Court of Arizona, Maricopa County
Represented PricewaterhouseCoopers in defense of professional malpractice and other claims seeking more than $2.5 billion in damages.
Aries v. Clifton Gunderson, LLP
Counsel for accounting firm in professional liability claim related to tax planning and third-party claim for indemnity. Professional liability claim settled.
Arizona Laborers, Teamsters and Cement Masons Local #395 Pension Trust Fund v. Coopers & Lybrand LLP
Court of Appeals of Arizona
U.S. Supreme Court of Arizona
Represented Coopers & Lybrand LLP in a fraud and racketeering suit concerning The Mercado project in downtown Phoenix. Obtained affirmance of summary judgment on corporate fraud and conspiracy claims on statute of limitations grounds.
Case Filed Against Am Law 100 Law Firm
U.S. District Court for the District of Arizona
Defense counsel for a national law firm in a suit by the Trustee for the bankruptcy estate of a national restaurant chain seeking more than $2 billion in damages.
Case Filed Against National Law Firm
Superior Court of Arizona, Maricopa County
Defended national law firm against malpractice and related claims asserted by City of Mesa. Motion to dismiss granted.
Case Filed Against Southwest Law Firm
U.S. District Court for the District of Arizona
Represented regional law firm in malpractice action in the Federal District Court, District of Arizona. Summary judgment granted with award of attorneys’ fees.
Case Filed Against Southwest Law Firm
U.S. District Court for the District of Arizona
Defended law firm in action against company and outside counsel for malicious prosecution, libel and slander. Motion to dismiss granted.
In the Matter of Coopers & Lybrand LLP: Arizona State Board of Accountancy Investigation
State Board of Accountancy of Arizona
Represented Coopers & Lybrand and individual respondents in administrative investigation on proceedings before Arizona State Board of Accountancy. Some individuals dismissed from investigation. Settled as to remaining respondents.
In the Matter of Coopers & Lybrand LLP, et al. (and also in Symington Litigation)
State Board of Accountancy of Arizona
Represented Coopers & Lybrand LLP in connection with the Arizona Accountancy Board's investigation of various professional engagements for former Arizona Governor J. Fife Symington III and related entities. Also, was counsel for Coopers & Lybrand, which was subpoenaed to produce documents and testify at Symington's criminal trial and bankruptcy proceedings.
In the Matter of Touche Ross & Company
State Board of Accountancy of Arizona
Represented Touche Ross in investigation of audit engagements by Arizona Accountancy Board. Concluded with no revocation or suspension of professional licenses.
Bob's Custom Roofing Inc. v. Clifton Gunderson LLC
Represented accounting firm in malpractice action. Case voluntarily dismissed with prejudice without payment of any kind.
Magellan Properties LP v. KPMG Peat Marwick LLP
Represented Canadian partnership in malpractice and fraud action. Motion to dismiss granted in part and remaining claim settled.
Marrie v. Arizona State Board of Accountancy
Superior Court of Arizona, Maricopa County
Represented individual CPAs in action seeking review of administrative decision. Board of Accountancy judgment vacated and settled while on remand.
Patzman v. Heller Ehrman White & McAuliffe
Lead counsel for Heller Ehrman in professional liability case. Case settled.
Robert & Jennifer Deer v. Richard Brooks
Superior Court of Arizona, Maricopa County
Counsel for regional accounting firm in malpractice action. Motion for summary judgment granted dismissing all claims with prejudice.
Sell v. Deloitte & Touche LLP
Superior Court of Arizona, Maricopa County
Represented Deloitte & Touche LLP in malpractice action. Dismissed with prejudice.
Trapani v. Deloitte & Touche, LLP
Superior Court of Arizona, Maricopa County
Represented Deloitte in accounting malpractice action alleging professional negligence in connection with tax advice.
State of Arizona v. Farm & Home Life Ins. Company
U.S. District Court for the District of Arizona
Three securities cases. Settled after orders were entered dismissing Deloitte & Touche LLP from two of the cases and dismissing all but three claims in the third action.
Symington Litigation
Counsel for Coopers & Lybrand L.L.P., which was subpoenaed to produce documents and testify at former Arizona Governor Symington’s criminal trial and in connection with his bankruptcy proceedings.
Thompson, et al. v. Paul, et al.
U.S. Court of Appeals for the Ninth Circuit
U.S. District Court for the District of Arizona
Counsel for regional law firm in action in federal district court, District of Arizona, alleging securities fraud, malicious prosecution, and other claims. Motion to dismiss granted. Settled on favorable grounds upon remand after appeal to Ninth Circuit.
Unitech Industries Inc. v. Coopers & Lybrand, L.L.P.
Superior Court of Arizona, Maricopa County
Represented Coopers & Lybrand in action alleging breach of contract, breach of fiduciary duty, common law fraud, negligent misrepresentation, professional negligence, consumer fraud and Arizona racketeering. Fraud claims against Coopers & Lybrand were dismissed. Case was settled after evidence in support of a claim for $37 million in damages was excluded.