Bose McKinney Sued For $7.6M Over Pension Plan Advice

Law360, New York (March 29, 2013, 3:24 PM EDT) -- Bose McKinney & Evans LLP and the head of its tax services group have been sued for $7.6 million by former client Booth American Co. for allegedly providing faulty advice regarding a company owners' obligations in covering pension plan liabilities, according to documents filed Thursday in Michigan federal court.

Detroit-based Booth American claims Bose McKinney & Evans and partner Ronald Soskin advised the private investment company to sign an indemnification agreement in 2006 containing a termination clause, which, contrary to advice given, terminated a co-owners' duty...
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