7th Circ. Revives Lancelot Trustee's Auditor Malpractice Suit

By Amanda Bransford (April 3, 2012, 5:36 PM EDT) -- The Seventh Circuit on Tuesday vacated a lower court's judgment that the Chapter 7 trustee of Lancelot Investors Fund LP cannot hold auditor McGladrey & Pullen LLP responsible for failing to detect criminal fraud, ruling that the court should have determined when the funds' manager knew of the fraud....

Law360 is on it, so you are, too.

A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.


A Law360 subscription includes features such as

  • Daily newsletters
  • Expert analysis
  • Mobile app
  • Advanced search
  • Judge information
  • Real-time alerts
  • 450K+ searchable archived articles

And more!

Experience Law360 today with a free 7-day trial.

Start Free Trial

Already a subscriber? Click here to login

Attached Documents

Related Sections

Law Firms

Companies

Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!