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MACHATA v. SEIDMAN & SEIDMAN

No. 93-0006.

644 So.2d 114 (1994)

Andrew MACHATA, John Nicolo and Paul J. Meyerhoff, Appellants, v. SEIDMAN & Seidman a/k/a BDO Seidman & Company, Appellees.

District Court of Appeal of Florida, Fourth District.

Rehearing Denied November 15, 1994.

Attorney(s) appearing for the Case

David, Isaacs & Yeargin, P.A., West Palm Beach, for appellants.

Richard E. Brodsky of Jenner & Block, Miami, for appellees.

Edward A. Marod of Edward A. Marod, P.A., West Palm Beach, for amicus curiae-The Florida Institute of Certified Public Accountants.

Michael J. Pucillo and Wendy H. Zoberman of Greenfield & Chimicles, West Palm Beach, for amicus curiae-The Academy of Florida Trial Lawyers.

MAY, MELANIE G., Associate Judge.

In this ever changing world in which we live, we encounter yet another attempt to expand liability. Is an accountant liable to the shareholders of a corporation, who participate in stock transactions in reliance upon an Audit Report and Audited Financial Statements prepared by the accountant? Based upon the Florida Supreme Court's decision in First Florida Bank, N.A. v. Max Mitchell & Co., 558 So.2d 9<...

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