A Pennsylvania judge has dismissed a professional malpractice lawsuit against KPMG employees accusing them of breach of contract, negligence, fraud and negligent misrepresentation.

The suit was brought by JoAnn Tredennick, a majority shareholder in Resco Products, who wanted to sell the company and entered into a contract with KPMG for tax advice and recommendations relating to the sale. She controlled approximately 92 percent of Resco's capital stock.

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