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WATERS v. AUTUORI

(15190)

236 Conn. 820 (1996)

BARBARA WATERS v. EDMUND AUTUORI ET AL. EDWARD HADIGIAN ET AL. v. ARTHUR ANDERSEN AND COMPANY ET AL. RONALD CHRISTOFORO ET AL. v. ARTHUR ANDERSEN AND COMPANY ET AL. VINCENT F. TRIPODINA v. ARTHUR ANDERSEN AND COMPANY ET AL. ARMAND AUDETTE ET AL. v. EDMUND AUTUORI ET AL. THOMAS MURTHA v. ARTHUR ANDERSEN AND COMPANY ET AL. DONALD REILLY v. ARTHUR ANDERSEN AND COMPANY ET AL. ARMAND AUDETTE ET AL. v. ARTHUR ANDERSEN AND COMPANY ET AL. CHRISTINE SIRACUSA ET AL. v. COLONIAL REALTY ET AL. STEVEN LIEBMAN v. EDMUND AUTUORI ET AL. ROBERT CALNEN v. EDMUND AUTUORI ET AL. RONALD CORRENTI v. EDMUND AUTUORI ET AL.

Supreme Court of Connecticut.

Officially released May 7, 1996.

Attorney(s) appearing for the Case

Richard A. Bieder, with whom were Joel Faxon and, on the brief, Lillian C. Gustilo, for the appellants (plaintiffs).

William H. Narwold, with whom were Charles D. Ray, Michael R. Young, pro hac vice, and, on the brief, Louis A. Craco, pro hac vice, Stacey E. Paradise, pro hac vice, and Richard I. Miller, pro hac vice, for the appellee (defendant American Institute of Certified Public Accountants).

Peters, C. J., and Callahan, Borden, Berdon and Norcott, Js.

PETERS, C. J.

The dispositive issue in this appeal is whether the promulgation of professional accounting standards is sufficient, by itself, to impose upon the promulgating professional organization a duty of care to an unknown third party who relies on the opinion of a certified public accountant claiming to have followed those standards. The plaintiff Barbara Waters (plaintiff) brought this action against the defendant...

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