Accountants’ & Professional Liability

Latham’s securities litigators advise and defend the world’s major accounting firms and their affiliates across matters and jurisdictions.

Our market-leading team has earned an impressive reputation for defending the Big 4 and other major accounting firms, law firms, and other professional services firms in their most high-profile professional liability matters across venues. Our record of success includes winning rare jury trials of major civil securities fraud cases, as well as before the US Supreme Court. We routinely defend firms, as well as individual accountants, skillfully handling matters that may include multiple prongs, such as civil and criminal litigation, and investigations on a full range of topics, including:

• Bankruptcy litigation and bankruptcy retentions
• Criminal matters
• Peer-review processes related to specific engagements
• Professional liability litigation
• Section 10A matters and oversight of audit clients’ internal investigations
• Securities class actions
• State board of accountancy matters
• Tax advisory services
• US Securities and Exchange Commission (SEC) and Public Company Accounting Oversight Board (PCAOB) investigations

We also frequently represent US accounting firms in non-US proceedings around the globe, as well as international accounting organizations in both US and global matters.