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BDO SEIDMAN, LLP v. MINDIS ACQUISITION

No. S02G0788.

578 S.E.2d 400 (2003)

276 Ga. 311

BDO SEIDMAN, LLP v. MINDIS ACQUISITION CORPORATION

Supreme Court of Georgia.

March 10, 2003.

Attorney(s) appearing for the Case

Sutherland, Asbill & Brennan, Peter J. Anderson, Steven L. Polk, Rebecca L. Burnaugh, Todd E. Ratner, Deborah M. Danzig, Atlanta, for appellant.

Womble, Carlyle, Sandridge & Rice, Nisbet S. Kendrick III, Alston & Bird, John H. Goselin II, Oscar N. Persons, Theodore J. Sawicki, Atlanta, for appellee.

Rogers & Hardin, John J. Almond, amicus curiae.

FLETCHER, Chief Justice.

We granted certiorari in this case to consider the proper measure of damages in a negligent misrepresentation case. Because the Court of Appeals improperly utilized a fraud standard of damages for this negligence cause of action, we reverse.

Mindis Acquisition Corporation was formed to purchase Mindis Corporation. After the purchase was complete, MAC discovered that the inventory value of Mindis was less than what appeared on Mindis...

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