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PAINTERS OF PHIL. D. COUN. 21 v. PRICE WATERHOUSE

Civ. A. No. 88-3559.

699 F.Supp. 1100 (1988)

PAINTERS OF PHILADELPHIA DISTRICT COUNSEL NO. 21 WELFARE FUND and William Dalton, Harold Johnson, George Clark, Gerard Doto, Herbert Tiedeken, Richard Schroeder, Herbert Lewin, as Trustees of Painters of Philadelphia, District Council No. 21 Welfare Fund v. PRICE WATERHOUSE.

United States District Court, E.D. Pennsylvania.

November 14, 1988.

Attorney(s) appearing for the Case

Richard B. Sigmond, Spear, Wilderman, Sigmond, Borish, Endy & Silverstein, Philadelphia, Pa., and John H. Widman, McAleese, McGoldrick & Susanin, P.C., Kenneth M. O'Brien, King of Prussia, Pa., for plaintiffs.

Robert L. Hickok, Pepper, Hamilton & Scheetz, Philadelphia, Pa., for defendant.

MEMORANDUM AND ORDER

HANNUM, Senior District Judge.

Background

The plaintiffs in the above-captioned action are an employee welfare fund and its trustees. ("Plaintiffs" or "the Fund.") The defendant is an international accounting firm which served as auditor for the Fund from 1976 to 1982. ("Price Waterhouse").1 See Complaint, paragraph 14.

Plaintiffs in their Complaint allege that the Fund's former...

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