Case 6-9 Miller Energy Resources, Inc.

Assume Miller Energy negotiated a $10 million loan with a financial institution during 2015. Subsequent to the SEC's finding of accounting fraud in 2015, the financial institution brought a lawsuit against KPMG for negligence. What judicial approaches might be used to decide the case?

Mintz, Steven. Ethical Obligations and Decision-Making in Accounting: Text and Cases (p. 346). McGraw-Hill Higher Education.