Case ID: ny_242/html/0569-01.html
Source: Caselaw Access Project
Author: {"author": "", "license": "Public Domain", "url": "https://static.case.law/"}
Date Created: 2024-08-24T03:29:51.129683

William R. Craig et al., Appellants and Respondents, v. Jambs T. Anyon et al., Respondents and Appellants.
    
      Negligence — accountants — action to recover for failure of accountants to discover defalcation.
    
    
      Craig v. Anyon, 212 App. Div. 55, affirmed.
    (Argued March 1, 1926;
    decided April 6, 1926.)
    Cross-appeals from a judgment of the Appellate Division of the Supreme Court in the first judicial department, entered March 3, 1925, affirming a judgment in favor of plaintiffs entered upon a verdict directed by the court. The action was for negligence in that defendants, who composed an accounting firm and had contracted to audit the plaintiffs’ books every three months, did their work so carelessly that they failed to discover and report a defalcation by one of plaintiffs’ employees through a period of nearly five years whereby plaintiffs had been defrauded of large sums of money. The trial court directed a verdict for the amount paid for the defendants’ services.
    
      J ohn H. Jackson and Warren W. Cunningham for plaintiffs, appellants and respondents.
    
      Alfred A. Cook, Harold Nathan and Frederick F. Greenman for defendants, respondents and appellants.
   Judgment affirmed, without costs; no opinion.

Concur: Pound, McLaughlin, Crane and Andrews, JJ. Dissenting: His cock, Ch. J. Absent: Cardozo, J. Not sitting: Lehman, J.