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Accountant & Professional Liability

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Tonkon Torp Attorneys have represented accountants and litigated accounting and financial issues in a wide range of matters. Our experience includes representation involving defense of securities law claims and secondary liability claims against accountants. We practice in both state and federal courts and before regulatory bodies. Our clients have included the large national accounting firms as well as local and regional firms. We have a strong track record and a broad range of internal resources that allow us to achieve successful results in a cost-effective manner.

Representative cases include:

  • Synectic Ventures, et al. v. Craig Berkman, et al., Multnomah County Circuit Court. Several accounting firms provided services to Craig Berkman's investment funds. When investors sued Berkman alleging that he took fund money, the accountants were also sued. Plaintiffs alleged that the accountants aided Berkman in hiding his theft.
  • Robinson v. Regional Accounting Firm, U.S. District Court. We defended a $9 million professional malpractice claim. Our client provided accounting and tax services to plaintiff over a 15 year period. After terminating the engagement, plaintiff alleged that a substantial sum was missing. We won summary judgment in our client's favor establishing that the firm had in fact provided an adequate accounting for plaintiff's funds.
  • Dunstan v. Ernst & Young, LLP, Multnomah County Circuit Court. We defended Ernst & Young in a negligent misrepresentation and securities case. Plaintiffs challenged the firm's audit work.
  • Graham v. Trullinger, et al. We defended Deloitte & Touche LLP in a securities case. Plaintiffs' business, The Garden Grow Company, failed after acquisition of Deloitte's long-time client, the Chas. H. Lilly Co. (Lilly Miller). Plaintiffs challenged Deloitte's audit work.
  • City of West Linn v. Regional Accounting Firm. West Linn's Finance Director embezzled $1.4 million before her theft was discovered. We defended claims brought against the City's long-time outside auditor.
  • Board of Accountancy. We have defended accountants against complaints filed with the Oregon Board of Accountancy. These matters have included allegations of inadequate audit work, questioned tax advice, challenged billing practices, and employee disputes.