Wednesday, November 19, 2003

The Problems with Tax Shelters are Bigger than Just the Big CPA Firms
Local firms are getting caught in the scandal.

In Syracuse, N.Y., several investors have joined a nationwide class action suit against lawyers and accounting firms, including Texas law firms Jenkens & Gilchrist and Cantley & Sedacca LLP; three accounting firms, BDO Seidman LLP, Pasquale & Bowers LLP and Dermody, Burke and Brown; and Deutsche Bank AG and Deutsche Bank affiliates. Suyacuse-based Dermody, Burke and Brown is named in the suit only because in 2002 it acquired and absorbed the Pasquale & Bowers firm, which worked with the clients. More