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KAUFMAN v. BDO SEIDMAN

No. 1:90-CV-446.

787 F.Supp. 125 (1992)

Richard F. KAUFMAN, Individually and as a Trustee of the Amstore Corporation Administrative Pension Plan, Sylvia Kaufman, Michael Kaufman, Robert Kaufman, Greg Kaufman, Andrew Kaufman, Bear Lake Partners, and the Kaufman Foundation Trust, Plaintiffs, v. BDO SEIDMAN and David Fles, Defendants.

United States District Court, W.D. Michigan, S.D.

January 31, 1992.

Attorney(s) appearing for the Case

Grant J. Gruel, Gruel, Mills, Nims & Pylman, Grand Rapids, Mich., for Richard F. Kaufman, et al., and Amstore Corp.

Jon R. Muth, Gordon J. Quist, Edward R. Post, Daniel P. Perk, Miller, Johnson, Snell & Cummiskey, Grand Rapids, Mich., for David Fles and BDO Seidman.

OPINION ON SUMMARY JUDGMENT

HILLMAN, Senior District Judge.

In this case, plaintiff Richard Kaufman alleges that his former accountant gave him false and misleading investment advice, resulting in substantial losses for Kaufman and the Kaufman family businesses. Kaufman's amended complaint charges that between 1983 and 1986, defendants BDO Seidman, Kaufman's accounting firm, and David Fles, a partner in the accounting firm, failed to disclose material information...

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