CUCINOTTA v. DELOITTE & TOUCHE, L.L.P.

No. 58727.

302 P.3d 1099 (2013)

Robert CUCINOTTA, an Individual; and Karim Maskatiya, an Individual, Appellants, v. DELOITTE & TOUCHE, LLP, a Delaware Corporation; and Larry Krause, an Individual, Respondents.

Supreme Court of Nevada.

May 30, 2013.


Attorney(s) appearing for the Case

Cooper Levenson April Niedelman & Wagenheim, P.A., and Jerry S. Busby , Las Vegas; Beus Gilbert PLLC and Scot Stirling and Leo Beus , Scottsdale, Arizona, for Appellants.

Morris Law Group and Rosa Solis-Rainey , Las Vegas; Paul, Weiss, Rifkind, Wharton & Garrison LLP and Charles E. Davidow , Washington, D.C.; Paul, Weiss, Rifkind, Wharton & Garrison LLP and Brad S. Karp and Andrew J. Ehrlich , New York, New York, for Respondents.

BEFORE THE COURT EN BANC.


OPINION

By the Court, CHERRY, J.:

In this opinion, we consider whether information divulged by a registered accounting firm in accordance with the Securities Exchange Act of 1934, as amended by the Private Securities Litigation Reform Act of 1995, is subject to an absolute privilege in a defamation action. We conclude that an accounting firm should be encouraged to freely disseminate information concerning alleged illegal acts as long as the disclosure...

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