Paragon has been retained to provide opinions and analysis regarding a variety of professional malpractice claims. Many of those cases have involved issues of accountants' liability, and an evaluation of whether an accounting firm has complied with the standards of care for their profession. These complex cases generally center on issues of whether the audited financials have been presented in accordance with Generally Accepted Accounting Principles (GAAP) and/or whether the audit engagement has been conducted in accordance with Generally Accepted Auditing Standards (GAAS).

In many cases, we have been asked to determine whether the financial statements were misstated, whether the financial statement disclosures were adequate and in accordance with professional requirements, whether the auditors should have identified a financial statement misstatement or inadequate disclosures at an earlier date, and whether the auditor conducted adequate procedures in the conduct of their audit examinations.

We have also been involved in numerous director and officer claims where we have assisted in evaluating whether the directors and officers conducted themselves in accordance with their fiduciary duties of care and loyalty. These cases frequently involve alleged breaches of the duty of loyalty, including self-dealing and conflicts of interest. Paragon Consulting is well equipped to assist in evaluating professional malpractice claims in areas such as:

• Accountants' Liability Claims
• Director and Officer Claims
• Broker/Dealer Malpractice
• Attorney Malpractice