Lawsuits

The Fifth Circuit has reinstated an injunction on beneficial ownership reporting only days after lifting it.

Companies often face the tricky task of producing privileged and confidential information to their independent auditors for audit purposes.

The decision hinging on the definition of "inventory" in the sale of a highly valuable position in a U.S. partnership resolved a saga that began 16 years ago.

U.S. District Judge Ada Brown in Dallas sided with the U.S. Chamber of Commerce and the Texas-based tax firm, Ryan.

The decisions indicated that justices will use far stricter scrutiny of government regulations moving forward, and some cases dealt a direct impact right away.

A federal court issued a stay against the Federal Trade Commission's noncompete rule after a lawsuit by tax services firm Ryan and the U.S. Chamber of Commerce.

The Internal Revenue Service issued an unusual public apology to the hedge fund manager for failing to protect his confidential tax data from being stolen and leaked to the media by a contractor now in prison.

A decision backing the surviving shareholder in a family business could have carried major tax implications to succession plans. Instead, SCOTUS backed the IRS.

The lawsuit alleges that Jim Chanos "planned on using his power as general partner to run the company into the ground, enjoy the tax benefits of his financial shenanigans, and leave his partners with nothing."

When a small company holds a life insurance policy, estate planning gets complicated — which is why assigning it to an individual or a family may be the better choice.

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.