Baffling ‘Hide the Ball’ Tactics in Economic Damages Discovery

Business Valuation UpdateVol. 15 No. 3
Legal and Court Case Update
March 2009
8721 Accounting, Auditing, and Bookkeeping Services
541219 Other Accounting Services
securities litigation

Kingsway Financial Services, Inc. v. PricewaterhouseCoopers LLP
2008 WL 5336700
December 22, 2008
US
Federal Court
New York
United States District Court
Eric J Marler, Harold J Ruvoldt, Jeffrey M Greilsheimer, Karen A Reardon, Scott O Reed, William R Maguire
none
Pitman

Summary

Court sanctions plaintiff for frustrating discovery process by failing to reveal sources and methods for calculation of economic damages in $200 million suit for securities fraud.

See Also

Kingsway Financial Services, Inc. v. PricewaterhouseCoopers LLP

Court sanctions plaintiff for frustrating discovery process by failing to reveal sources and methods for calculation of economic damages in $200 million suit for securities fraud.