Audit Malpractice Arbitration Proceeding
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Compass Lexecon was retained by Emily Nicklin and Gabor Balassa of Kirkland & Ellis LLP who represented a big-four accounting firm in defense of an audit malpractice claim. Compass Lexecon affiliate, Professor Kenneth Lehn, supported by David Ross and a team in our Chicago office, testified on issues of loss causation and damages in the case. The arbitrators rendered a complete defense verdict in June 2011. The parties are confidential.