Attorneys with Wolff Ardis, P.C. have extensive experience in handling claims involving professional errors and omissions, including directors’ and officers’ liability claims, legal malpractice, and accountant liability claims.
Businesses and financial institutions do a lot to protect themselves: they hire the best possible officers; they appoint the best possible directors; they hire accountants to monitor their books and records; they hire lawyers to protect their rights and interests; they purchase insurance to protect against negligence. Despite these precautions, those hired by the business or financial institution may be negligent, and that negligence can lead to substantial losses. Wolff Ardis, P.C. has significant expertise in the area of pursuing professional negligence claims and related litigation for businesses and financial institutions.
Attorneys with Wolff Ardis, P.C. successfully filed and collected on the first suit by a financial institution against its directors and officers for negligence — an act which spurred the creation of the “insured vs. insured” exclusion. Wolff Ardis, P.C. has worked with companies in filing directors’ and officers’ liability claims with all major insurance carriers. We have developed an understanding of the claims techniques employed by each carrier, and have thoroughly analyzed the policy language as well as the current legal interpretations given to directors’ and officers’ liability policies.
In addition to pursuing claims against directors’ and officers’ liability insurance policies, Wolff Ardis, P.C. has pursued claims against the individual directors and officers whose inattention led to significant losses to businesses or financial institutions. Wolff Ardis, P.C. has the skill and resources to investigate these individuals and to prosecute them in a cost-effective manner.
Accounting malpractice occurs when an accountant violates a reasonable standard of care. For instance, if an accountant failed to file a client’s tax returns on time, if an accountant fails to provide correct tax advice or gives erroneous advice, or if an accountant fails to catch a fraud being perpetrated by a business’s bookkeeper, he may be charged with accounting malpractice. When filing an accounting malpractice claim, a plaintiff must prove that the accountant was negligent because he failed to offer the level of professional care customary in the field. Wolff Ardis, P.C. can help plaintiffs navigate these complicated claims.
Legal malpractice can occur for a variety of reasons: missing a deadline, not thoroughly investigating a case, being careless in the collection of evidence, not representing the client’s interests, or failing to pursue all avenues available. Legal malpractice cases can be complicated and difficult. The lawyers of Wolff Ardis, P.C. have the skills necessary to protect their clients’ rights during a legal malpractice claim.
Wolff Ardis, P.C. has also worked closely with the FDIC, conducting professional liability investigations of closed banks. Those investigations include performing a detailed analysis and, when called for, prosecuting directors’ and officers’ liability, attorney malpractice, accountant liability or appraiser liability claims.
The attorneys of Wolff Ardis are ready to assist you in achieving a successful resolution to your losses due to the professional negligence of a director, officer, accountant, attorney or other professional.