MMP&S Secures Voluntary Discontinuance in Complex Accounting Malpractice Action

In Knet, Inc. v. Ruocco, et al, MMP&S successfully persuaded a plaintiff to voluntarily discontinue with prejudice a complex accounting malpractice action against our client, an accounting firm that had participated and its central partner had invested in a business, which developed technology to prevent DWI’s from occurring by stopping an engine when alcohol was on a past-offender’s breath. Plaintiff had alleged accounting malpractice in the division of shares of stock, accounting, and underlying record and bookkeeping. However, with minimal discovery and prior to depositions, motion practice or trial, MMP&S persuaded plaintiffs to voluntarily discontinue the action as against the accounting firm in exchange for fully complying with all paper discovery, thereby obviating expensive and extensive motion practice.

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