Grant Thornton Dropped From Tax Shelter Case

Law360, New York (September 4, 2007, 12:00 AM EDT) -- Accounting firm Grant Thornton LLP has been dismissed as a defendant in a case against a group of law firms, accountants and financial advisors accused of hoodwinking a New Jersey couple into claiming illegal tax benefits.

Manhattan district judge Lewis Kaplan signed off on the order, published Friday, dismissing the case against Grant Thornton with prejudice. Firm attorney Bruce Schneider, of Stroock & Stroock and Lavan LLP, declined to comment on the details of the dismissal, except to say the matter against his client had been...
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