Question: Please discuss whether or not the following statement is true or false: Outside auditors are frequently named as defendants in shareholder suits because they are

Please discuss whether or not the following statement is true or false:

"Outside auditors are frequently named as defendants in shareholder suits because they are considered to have deep pockets."

Cite an article that discusses a shareholder suit filed against a public accounting firm and relate the outcome and court's rationale to the class.

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