In B. Bullen et al. v. CohnReznick LLP, investors in a defunct hedge fund sued CohnReznick, the outside auditor and accountant of the fund. The investors claimed, among other things, that CohnReznick had conspired with the fund to defraud its investors. Judge Salinger dismissed the case, ruling that CohnReznick, a New Jersey LLP headquartered in New York, was not subject to personal jurisdiction in Massachusetts.
Posts in Massachusetts Uniform Securities Act (MUSA).
Communications were Insufficient Contacts to Exercise Personal Jurisdiction Over Out-of-State Auditors
Justice: Justice Salinger