Atlanta (Sept. 2, 2004) -- AFC Enterprises Inc., the franchisor and operator of brands such as Popeyes Chicken & Biscuits, Church's Chicken and Cinnabon, has filed a lawsuit against Arthur Andersen LLP, two of its former partners, and a former audit manager.
The suit, filed Tuesday in the Superior Court of Fulton County, Ga., charges the now-defunct audit firm, William B. Peard, then senior partner-in-charge of Andersen's Atlanta audit department, former audit engagement partner Robert Alton Johnson, and former AFC audit manager Allan Neil Crawford III with malpractice and breach of contract. The complaint alleges that the defendants violated generally accepted auditing standards and accounting principles, committed auditing malpractice and breached contracts, causing AFC to restate two years of financial statements and to incur substantial costs, fees and lost profits.
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