Accountant Must Yield Tax Docs In Taylor Bean FCA Case

Law360, New York (August 5, 2013, 4:02 PM EDT) -- A Georgia magistrate judge on Monday ordered the accountant of an owner of a bankrupt mortgage company who also had a stake in Taylor Bean & Whitaker Mortgage Corp. to produce tax documents for a False Claims Act suit over bogus applications for federal mortgage guarantees, finding no accountant-client privilege applied.

U.S. Magistrate Judge E. Clayton Scofield III held that the court's jurisdiction was based on federal questions under the FCA, and as such, Georgia's accountant-client privilege wasn't relevant.

The judge was dismissive of the arguments...
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