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AL. FARMERS COOP, INC. v. PRICEWATERHOUSECOOPERS, LLP

2020454.

911 So.2d 689 (2004)

ALABAMA FARMERS COOPERATIVE, INC. v. PRICEWATERHOUSECOOPERS, LLP.

Court of Civil Appeals of Alabama.

Rehearing Denied April 30, 2004.

Attorney(s) appearing for the Case

Andrew P. Campbell and Brandy Murphy Lee of Campbell, Waller & Poer, LLC, Birmingham; Lynn W. Jinks III of Jinks, Daniel & Crow, LLC, Union Springs; and Larry Morris and Randy S. Haynes of Morris Haynes Ingram & Hornsby, Alexander City, for appellant.

Gilbert E. Johnson, Jr., and William D. Jones III of Johnston Barton Proctor & Powell, LLP, Birmingham; and Bingham D. Edwards of Edwards, Mitchell & Reeves, Decatur, for appellee.

PITTMAN, Judge.

This appeal arises from litigation between Alabama Farmers Cooperative, Inc. ("AFC"), a not-for-profit corporation with branches located throughout Alabama, and PricewaterhouseCoopers, LLP ("PWC"), which served as AFC's auditor and financial advisor during the years material to this action. This litigation arose after Bobby Davis, an officer of AFC, engaged in dishonest and unauthorized conduct; specifically, in 1988 Davis signed numerous long-term...

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