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SEIDMAN & SEIDMAN v. GEE

Nos. 91-345, 91-1479.

625 So.2d 1 (1992)

SEIDMAN & SEIDMAN And Binder Dijke Otte & Co., Appellants, v. Allan GEE, as Official Liquidator of Universal Casualty & Surety Company, Ltd. (in Liquidation), Appellee.

District Court of Appeal of Florida, Third District.

Opinion Denying Rehearing August 17, 1993.

Attorney(s) appearing for the Case

Holland & Knight, and Daniel S. Pearson and Lenore C. Smith, Miami, for appellants.

Anderson, Moss, Parks, Meyers & Sherouse, and Elizabeth K. Russo, Miami, for appellee.

Dennis K. Threadgill, Helen Ann Hauser, for Florida Department of Insurance, as amici curiae.

Michael R. Young, for American Institute of Certified Public Accountants, as amicus curiae.

Susan E. Martin, Michael Berry, for National Assoc. of Ins. Commissioners, as amici curiae.

Dittmar & Hauser and Helen Ann Hauser, for National Society of Ins. Receivers, as amicus curiae.

Before NESBITT, FERGUSON and LEVY, JJ.

PER CURIAM.

BDO Seidman, an accounting firm, contends, in this appeal from a $16 million adverse judgment, that it was entitled to a judgment as a matter of law in the client's action based on a theory of artificial prolongation of corporate life owing to auditing negligence, where the event that it should have, but failed to discover, was a fraud perpetrated by the corporate-client's controlling officer acting in furtherance of the corporation's purposes. We agree...

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