LEADING INS. GROUP INS. CO., LTD. v. FRIEDMAN LLP

Index No. 651049/15. Appeal No. 13960. Case No. 2020-02312.

195 A.D.3d 418 (2021)

2021 NY Slip Op 03411

Leading Insurance Group Insurance Company, Ltd. (U.S. Branch), Inc., et al., Respondents, v. Friedman LLP, Appellant.

Appellate Division of the Supreme Court of New York, First Department.

Decided June 1, 2021.


Attorney(s) appearing for the Case

Troutman Pepper Hamilton Sanders LLP, New York ( Stephen G. Rinehart of counsel), for appellant.

Szendel PLLC, New York ( Adrian M. Szendel of counsel), for respondents.

Concur—Gische, J.P., Webber, Singh, Kennedy, JJ.


Defendant established prima facie that its alleged accounting malpractice did not cause plaintiffs lost-time damages (see generally KBL, LLP v Community Counseling & Mediation Servs., 123 A.D.3d 488, 488 [1st Dept 2014]). The complaint alleges that defendant failed to detect deficiencies in plaintiffs' loss reserves during its May 2013 audit of the financial statements they submitted to the Department of Financial Services (DFS...

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