[IMGCAP(1)]The Nevada Supreme Court issued a little-noticed decision in late May that could have significant implications for disputes between auditors and their clients.

The case, Cucinotta v. Deloitte & Touche LLP, held that Deloitte was absolutely privileged against civil liability for disclosing allegedly defamatory information to its client’s audit committee pursuant to the express requirements of the federal securities laws.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access