Accounting malpractice lawsuits commonly involve instances where an accountant commits an error, omits critical information, or deviates from normal accounting principles which contributes to legal trouble or a financial loss.
Accountants in Ohio have an obligation to uphold basic accounting standards and ethics, and to exercise professional care in preparing tax returns, reports and other crucial financial documents. Clients have the right to expect fair and honest accounting, and to get reasonable and lawful advice regarding Ohio tax laws.
Should your accountant misrepresent your company or financial statements, you may have a malpractice claim. An Ohio Accounting malpractice lawyer can assist in investigating a fraud or negligence claim, and may be able to recover significant losses that result from accounting errors.
Joe Lyon is an experienced Cincinnati fraud attorney and Ohio accounting malpractice lawyer reviewing financial negligence cases for individual plaintiffs and businesses nationwide.
Examples of accountant errors and Ohio accounting negligence that can result in a lawsuit include:
There are two kinds of accounting malpractice: simple negligence and gross negligence. Certified accounting professionals are required to maintain a financial skepticism, and evaluate risks that may contribute to financial fraud. Management assumes that accountants will conduct careful audits concerning financial statements prepared for individuals and companies who use this information to make financial decisions.
The following are examples of risk factors accounting professionals can reasonably be held legally responsible for by plaintiffs and an Ohio accounting malpractice lawyer:
Public Interest: CPA professionals must accept the obligation to act in a way that will serve the public interest, honor the public trust, and demonstrate commitment to professionalism.
Due Care: CPA accountants must comply with Ohio state law and ethical standards, maintain competence and strive to improve the quality of services.
Objectivity: Accountants must avoid rendering professional services where conflicts of interest exist. They should remain independent when providing auditing or other financial services.
Business owners should protect themselves and should wait too long to discuss legal disputes with an attorney. It may be natural for some individuals to only confront litigation until a suit is filed. But it benefits business owners to build a case as soon as possible.
Our attorneys represent plaintiffs in a wide range of business law, including the following practice areas:
Below is a summary of the various types of intellectual property laws that are relevant to the permissions process.
Mercantile law is more commonly known as trade law or commercial law—and it describes the body of law that applies to the rights, relations, and conduct of persons and businesses engaged in commerce, merchandising, trade, and sales.
Commercial law focuses on the sale and distribution of goods, whereas business law focuses on the other aspects of business, including mergers and acquisitions, shareholder rights, employment disputes and property issues. Business law is regulated by both Ohio law and federal law. The federal government primarily governs finance, workplace safety and employment issues, though state laws can differ slightly.
Non-compete disputes involve contracts in which former employees agree not to compete with an employer for a specified period of time. Most non-compete lawsuits involve former employees soliciting business from the employer’s customers and not disclosing confidential information.
Properly drafted non-compete contracts are critical for enforceability and adequate protection. Even if litigation cannot be avoided, non-compete agreements in place will help make litigation and settlements easier for all parties.
Two common types of breach lawsuits include:
A contract, or any legally binding agreement, presupposes that both parties must fulfill the terms of the contract. If a contract breach occurs, the affected party can seek legal action and compensation for any actual past, current or future losses.
Commercial attorneys negotiate contracts and commercial agreements, and file lawsuits when the following contracts are broken:
Breach of fiduciary duty generally involves allegations that an individual or company breaches a duty to others. A fiduciary duty requires a level of loyalty and there are both legal and ethical implications. A breach of fiduciary duty commonly includes claims of fraud and breach of contracts.
Breach of Duty claims should be addressed as soon as possible with the help of business litigation attorneys experienced in commercial law.
Business fraud occurs through the omission, deception or misrepresentation of a contract, prospect, investment, project or other business entity. Business fraud litigation can result in monetary damages and irreparable damage to the reputation of a company or brand. Victims of fraud should consult an experienced business law professional. Fraud disputes involve various areas of law and may involve:
Our Firm will help you find the answers. The Firm has the experience, resources and dedication to take on difficult and emotional cases and help our clients obtain the justice for the wrong they have suffered.
Experience: Joe Lyon is an experienced Business Litigation Lawyer. The Lyon Firm has 17 years of experience and success representing individuals and plaintiffs in all fifty states, and in a variety of complex civil litigation matters. Business lawsuits can be complex and require industry experts to determine the root cause of an accident or injury. Mr. Lyon has worked with experts nationwide to assist individuals understand why an injury occurred and what can be done to improve their lives in the future. Some cases may go to a jury trial, though many others can be settled out of court.
Resources/Dedication: Mr. Lyon has worked with experts in the fields of accident reconstruction, biomechanics, epidemiology, metallurgy, pharmacology, toxicology, human factors, workplace safety, life care planning, economics, and virtually every medical discipline in successfully representing Plaintiffs across numerous areas of law. The Lyon Firm is dedicated to building the strongest cases possible for clients and their critical interests.
Results: Mr. Lyon has obtained numerous seven and six figure results in personal injury, automotive product liability, medical Negligence, construction accidents, and auto dealership negligence cases. The cases have involved successfully litigating against some of the largest companies in the world