September 17, 2019

Grant Thornton Not Gonna Let Some Rich Guy Drag Its Good Name Through the Mud and Get Away With It

You wanna get nuts? Come on, let's get nuts!
Grant Thornton has filed a counter-claim against Vincent Tchenguiz for defamation after the property entrepreneur sued the accounting firm for £2.2bn and accused it of a conspiracy. 

In documents filed at the London High Court on Tuesday, Grant Thornton denied Mr Tchenguiz’s claims and said it was seeking damages for libel and an injunction restraining him from publishing any further defamatory comments. 

“There is no basis for these serious allegations and the action ought never to have been brought,” Grant Thornton said.

“This case has arisen because Grant Thornton co-operated with the authorities and it is clearly in the public interest that professional firms are able to do so without the threat of unwarranted reprisals such as this claim.”

[FT]

Have something to add to this story? Give us a shout by email, Twitter, or text/call the tipline at 202-505-8885. As always, all tips are anonymous.

Related articles

KPMG master's accounting data analysis

It Looks Like KPMG Is Being Sued By Shareholders of CannTrust Holdings

A press release sent today by Toronto-based law firms Thornton Grout Finnigan and Rochon Genova caught our attention: Thornton Grout Finnigan LLP and Rochon Genova LLP have together commenced a class action in Ontario on behalf of shareholders of CannTrust Holdings Inc. who acquired their CannTrust common shares between October 1, 2018 up to and including July 8, 2019. The […]