EisnerAmper Wants To Keep $100M Fraud Claims Nixed

Law360, Washington (September 12, 2017, 6:55 PM EDT) -- Accounting firm EisnerAmper LLP urged the Fifth Circuit on Monday not to revive a lawsuit from Louisiana pension funds accusing it of complicity in a fraud perpetrated by Fletcher Asset Management that cost the funds $100 million, arguing the funds missed their only window to establish a viable claim.

Pension funds including the Firefighters’ Retirement System would have needed to seek a review by a public accountant review panel, a step required by Louisiana law, within one year of learning of the claims against EisnerAmper, according...
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