Judge Denies Dismissal In Negligence Suit Against Auditor Of Insolvent Insurer

Mealey's (October 25, 2022, 9:09 AM EDT) -- BURLINGTON, Vt. — A Vermont federal judge denied an accounting firm’s request for dismissal in a negligence suit filed against it by the liquidator of a now-insolvent insurer alleging that three years of audited financial statements failed to adequately state the financial position of the insolvent insurer, finding that none of the firm’s defenses bars the liquidator’s claims....