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Eagle1969

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Eagle1969

Re: Texbanker post# 32866

Monday, 06/20/2011 10:50:26 AM

Monday, June 20, 2011 10:50:26 AM

Post# of 34471
On your question about a recovery against Deloitte--

In Maryland a large company went bankrupt and the bankruptcy trustee hired a medical ma;practice firm to go after the big 4 accounting firm of the company for malpractice in the financial reports.

The firm settled before trial for $185 million of which $150 million was covered by insurance.

The plaintiff's attorneys were paid $70 million.

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