Search
Search through the thousands of lawsuits, complaints and recalls on our site.

Investors Sue Tax and Legal Firm for Fraud and Negligence

Report Fraud
Case ID: 4159 | Miscellaneous | 01/10/2005

A class action lawsuit has been filed in the District Court of Nebraska against Grant Thorton International for fraud and negligence. Class members seek compensatory and punitive damages, taxes, interest, penalties, attorney's fees and costs of the litigation.

Specifically, the complaint alleges that the defendants provided the plaintiffs with negligent, reckless, improper, extreme, wanton and incomplete tax planning, tax advice, tax return preparation, accounting and financial advice and services, legal advice and services.

More specifically, the complaint alleges that from 1998 to 2001, the plaintiffs realized income and profits from the operations of Drake-Williams Steel, Inc. and had to pay taxes on those profits. The plaintiffs claimed they were lured into inappropriate tax strategies that promised them:

• tax avoidance, tax reduction or tax deferral over several years
• that the tax strategies were legal and legitimate
• that they would receive first class tax and legal advice
• that the defendants were the only services that the plaintiffs would need

As a result of the defendants' negligence, much of the tax avoidance was later realized by the Internal Revenue Service (IRS) and now the plaintiffs must pay those sums.


At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints.

Other Miscellaneous Cases of Interest

UPC codes are ubiquitous these days— and they are all licensed by the same company. The parties have reached a tentative $3,895,000 settlement in an nationwide action filed against the Uniform Code Council, Inc. on behalf of all persons that paid a membership fee to and acquired a company prefix from UCC prior to August 28, 2002, and to whom UCC mailed an unreturned "renewal invoice" for membership in UCC, or who otherwise paid a renewal fee to UCC. To take part in the settlement, participants must submit a claim form postmarked no later than March 10, 2004.
 
Heirs of Armenians killed 91 years ago in the Turkish Ottoman Empire sued Deutsche Bank A.G. and Dresdner Bank A.G. on January 13, 2006, claiming the German banks owe them millions of dollars and other assets deposited by their ancestors.
 
The parties have reached a tentative $8 million partial settlement in an action filed against AMF Bowling, Inc. (Pink Sheets: AMBWQ.PK) and certain of its officers and directors by stockholders who purchased the company's common stock pursuant to the registration statement for the November 1997 initial public offering before February 26, 1999. The action continues against the remaining institutional defendants. Proof of claim documents must be postmarked on or before October 29, 2004, to be considered valid.
 
Red light photo enforcement systems have been the focus for nationwide controversy--Big Brother really is watching you. The classes have been certified in two related class actions filed against Lockheed Martin, IMS; ACS State and Local Solutions, Inc.; Affiliated Computer Services, Inc.; and Del Mar Ventures, LLC (formerly known as U.S. Public Technologies LLC) on behalf of persons who have received traffic citations in 14 California cities and the county of Los Angeles.
 
More than 9,000 people who received shots to ward off hepatitis A after an outbreak at a Chi-Chi's restaurant can make a claim in an $800,000 class-action settlement. The federal judge overseeing Chi-Chi's bankruptcy has approved notice to the 9,489 people who got immune globulin shots from the Pennsylvania Department of Health after the outbreak was publicized in early November 2003.
 
Landowners allege that the Canadian business 360 Networks chose to forego time-consuming negotiations with class members and instead, entered into quick agreements with other companies, such as railroad, pipeline, energy and other utility companies, and paid them millions to construct its fiber optic network.
 
Become a LawCash Member - FREE!
'Find Money' E-Book
Weekly Email Alerts




privacy policy
Class Action Lawsuit Center || Product Recall Center || Consumer Complaint Center || About LawCash Link Exchange
Privacy Policy || Legal Policies || Terms & Conditions || Website Advertising Policy || Site Map || Top Lawsuits
LawCash® is a service of nola3, llc
© 2000 - 2008 Copyright. All rights reserved nola3, llc.

[ Home ]
LawCash
login
Justice is a click away.