First Cardinal Bank has used the StoneCipher accounting firm for over twenty years. Orville, a customer of First Cardinal, approached Alfred, a StoneCipher partner, at a local business owner's networking luncheon. Orville asked about the bank's financial stability. Although Alfred knew that the bank's stock was overvalued because of some questionable loans, he felt a considerable amount of loyalty to First Cardinal for being a good customer of his accounting firm. Alfred told Orville that StoneCipher had just finished an audit of the bank, and that the bank was as sound as the Rock of Gibraltar. The next day Orville bought 800 shares of First Cardinal . One month later, the bank's losses became the subject of a major financial scandal. Orville is angry and wants to sue. Does he have a case?

Question

First Cardinal Bank has used the  StoneCipher accounting firm  for over twenty years. Orville, a customer of First Cardinal, approached Alfred, a StoneCipher partner, at a local business owner's networking luncheon. Orville asked about the bank's financial stability. Although Alfred knew that the bank's stock was overvalued because of some questionable loans, he felt a considerable amount of loyalty to First Cardinal for being a good customer of his accounting firm. Alfred told Orville that StoneCipher had just finished an audit of the bank, and that the bank was as sound as the Rock of Gibraltar. The next day Orville bought 800 shares of First Cardinal . One month later, the bank's losses became the subject of a major financial scandal. Orville is angry and wants to sue. Does he have a case?

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The Answer of First Cardinal Bank has used the  StoneCipher accounting firm  for over twenty years. Orville, a customer of First Cardinal, approached Alfred, a StoneCipher partner, at a local business owner's networking luncheon. Orville asked about the bank's financial stability. Although Alfred knew that the bank's stock was overvalued because of some questionable loans, he felt a considerable amount of loyalty to First Cardinal for being a good customer of his accounting firm. Alfred told Orville that StoneCipher had just finished an audit of the bank, and that the bank was as sound as the Rock of Gibraltar. The next day Orville bought 800 shares of First Cardinal . One month later, the bank's losses became the subject of a major financial scandal. Orville is angry and wants to sue. Does he have a case?

First Cardinal Bank Has Used the StoneCipher Accounting Firm for Over