The complaint states a cause of action against defendant Grant Thornton, L. L. P., an accounting firm, for gross negligence and recklessness sufficient to give rise to an inference of fraud (see, State St. Trust Co. v Ernst, 278 N.Y. 104, 112) in preparing and issuing the audit reports on the year-end 1996 and 1997 financial statements of Aid Auto Stores, Inc., which subsequently proved to have materially overstated the 1996 and 1997 inventory, understated the 1996...
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