Which of the following is false regarding legal cases discussed in the text? Ultramares corporation v. Touche established Ultramares doctrine. Hochfelder v. Ernst & Ernst ruled that scienter is required before CPAs can be held liable. United States v. Natelli sentenced two CPAs with criminal liability under the 1934 act. Bily v. Arthur Young did not uphold the restatement doctrine.
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Home » Social Studies » Which of the following is false regarding legal cases discussed in the text? Ultramares corporation v. Touche established Ultramares doctrine. Hochfelder v. Ernst & Ernst ruled that scienter is required before CPAs can be held liable.