Lawsuits

Tax firm and software provider Ryan has filed suit against the Federal Trade Commission over a rule outlawing non-compete employment agreements.

The suit in Texas accuses the SEC of acting without authority to create the Consolidated Audit Trail.

The high court heard arguments in a case about a commonly used succession planning tool for closely held businesses that may affect advisors' clients.

Accounting-related class-action lawsuit filings and settlements both increased in 2023, according to a new report, even though the cases took longer to be filed.

Investors have filed a lawsuit against an accounting firm alleging it helped a client maintain a Ponzi scheme involving cash advances that led to the loss of millions of dollars.

The judge must decide if Trump intentionally inflated his annual financial statements by billions of dollars a year.

The arguments in Moore v. U.S. carry major potential implications, but these 14 excerpts suggest SCOTUS will deliver a less sweeping decision next year.

Jimmy Haslam contends Pilot Travel execs have changed quarterly-earning accounting methods in a way that will cut the value of his holdings by $1.2 billion.

Bartov testified that he "did not find any evidence of material misstatement" in the former president's financial statements and "no evidence whatsoever for any accounting fraud."

The case involves a former hedge fund manager whom the SEC accused of misleading investors.

"The accountants worked on it," the eldest son of former president Donald Trump testified in a Manhattan courtroom. "That's what we paid them for."

Internal auditors have found hundreds of referrals from other lawyers for Camp Lejeune and other cases were bogus, often based on doctored medical records and fictional reports of illness.

Many things can go wrong in buying an accounting practice, and sellers need to protect themselves.

Avantax's parent had sued two firms owned by its future buyer and one of its major branches prior to the agreement to go private in a billion-dollar acquisition.

As part of our 2023 Malpractice Liability Insurance Buyer's Guide, experts weigh in on the risks accountants are facing

The judge sided with Letitia James on her allegation that Trump repeatedly engaged in fraud by claiming exaggerated values for some of his best properties on his annual statements of financial condition.

The managers of the bankrupt crypto exchange sued the parents of its co-founder and former CEO to "recover ... fraudulently transferred and misappropriated funds."

Hunter Biden sued the service, alleging that so-called IRS whistleblowers illegally disclosed information about his taxes.

The hedge fund billionaire has subpoenaed the investigative news site and five of its journalists for documents related to the publication of reports that detailed his tax information.

A group of financial industry trade associations sued over the rule, which would require more disclosures of fees and expenses, and annual audited financial statements.