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FID. & DEPOSIT CO. OF MARYLAND v. ARTHUR ANDERSEN & CO.

131 A.D.2d 308 (1987)

Fidelity and Deposit Company of Maryland, Appellant-Respondent, v. Arthur Andersen & Co., Respondent-Appellant

Appellate Division of the Supreme Court of the State of New York, First Department.

June 4, 1987

This is one of numerous actions commenced against Arthur Andersen & Co. (hereinafter Andersen), an international firm of certified public accountants, for its allegedly fraudulent certifications of the 1973 through 1976 annual financial statements of Frigitemp Corporation, a public company that was engaged in the construction and installation of specialized equipment for use in shipbuilding, hospitals, hotels and restaurants. Plaintiff, Fidelity and Deposit Company of...

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