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CRS Trustee Settles Claims Against Auditor For $2M

Law360 (March 7, 2018, 8:25 PM EST) -- Accounting firm Crowe Horwath LLP will pay $2.1 million to settle a bankruptcy trustee's claims over its auditing work for human resources contractor Corporate Resource Services Inc., according to papers filed in New York bankruptcy court on Tuesday.

CRS bankruptcy trustee James Feltman told the court that the settlement is preferable to continuing to litigate claims against the accounting firm over its 2013 audit of CRS, which Feltman believes skated over issues that should have been of concern. And the broad litigation releases that Crowe Horwath...
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