Question: When will an accountant be held liable for material omissions in an offering memorandum for which the accountant offered no opinion but compiled financial projections?

When will an accountant be held liable for material omissions in an offering memorandum for which the accountant offered no opinion but compiled financial projections?

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The US Court of Appeals for the Second Circuit affirmed the dismissal of the complaint in Shapiro v Cantor 123 F3d 717 2d Cir 1997 The US Supreme Cour... View full answer

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