A Florida law firm that sued the owner of a pizza shop that lost $40 million in court documents has settled a suit alleging it did not pay compensation to the plaintiff for lost profits.
A New York court ruled last month that the lawsuit should be dismissed, citing a lack of evidence of wrongdoing by the defendants.
The firm, Parker & Associates, had accused the defendants of misrepresenting the results of their audits and failed to provide documentation for the payments.
It claimed Parker & associates owed $1.3 million in damages and had been collecting them since 2013.
The suit alleged Parker &’s audits were fraudulent and failed because Parker & didn’t properly track its earnings.
The lawsuit claimed Parker’s audits and management did not disclose their mistakes to its investors and customers.
Parker & did not respond to a request for comment on Wednesday.