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Professional Malpractice

Legal malpractice can occur when an attorney’s action or inaction is negligent, or advice of the attorney causes damages. This can include the attorney failing to file a lawsuit within a certain period of limitations or failing to meet deadlines. The attorney may be liable in certain situations as an intended beneficiary or third party. An attorney may be liable for:

  • Mishandling client funds
  • Engaging in unfair dealing
  • Failing to comply with filing deadlines
  • Breaching the duties of loyalty or confidentiality
  • Failing to charge a client with fee agreement
  • Fraud
  • Failing to follow reasonable client instructions

Accounting malpractice occurs when an accounting professional improperly performs the duties of that profession. According to the Accounting Code of Conduct, Certified Public Accountants (CPAs) are bound by a set of professional standards and must adhere to the regulations and guidelines of their industry. If they do not, they can be held responsible for these types of malpractice cases:

  • Failing to provide correct tax advice
  • Giving erroneous advice regarding accounting matters or committing inventory errors
  • Failing to properly audit financial statements or detect defalcations
  • Inability to comply with GAAP and GAAS standards
  • Accounting malpractice due to fraud, including tax investment cases, securities fraud, and CPA license fraud
Client Reviews
Working with Joe was an absolute pleasure considering the unfortunate situation I was dealing with! He’s very knowledgeable and easy to communicate with. He kept me informed in all aspects of my case in a timely manner. Whenever I contacted him with a question he responded quickly. His expertise came through for me! I would highly recommend him! Joanne
I hired Joe and his firm Stoltmann Law office to represent me in a case where my investment guy had lost a substantial amount of money in my account. He invested in some very speculative energy stocks which should not have been in my portfolio due to my request for a very conservative investment portfolio. I was very impressed and satisfied with the representation and negotiations on my behalf by Joe and Stoltmann Law offices and I would definitely recommend them to anyone who would be in need of a very fine firm. Anonymous
Never having a need to file suit against anyone, let alone a major multi-national brokerage firm, I was at a loss to find a legal firm to assist me. After much searching, I found Stoltmann Law Offices, PC. They were very diligent and professional in the handling of my case and I am glad that I retained their services. I would definitely refer them to anyone seeking similar help. Donald F.