That would make them liable for material errors and omissions in their ratings.
Once the new auditors sign financial statements, they can be found liable for past errors if they build on the past in that way.
The Securities and Exchange Commission already approves nationally recognized statistical ratings organizations and is contemplating tightening oversight and regulation further — maybe even making the likes of Moody's, Standard & Poor's and Fitch Ratings financially liable for rating errors.
Forbes.com LLC (including its licensors, independent contractors and any affiliates, successors or assigns) shall not be liable for any errors or delays in the content of those data, or for any actions taken in reliance thereon.
"H.M.O.'s should be held liable for consumer complaints, errors and medical malpractice," he said.
The Sponsor assumes no liability, and shall not be liable, for typographical or other errors in the offer or administration of the Contest including, without limitation, errors in the printing or display of the offer and official rules, selection, notification and announcement of the Category Winners or Grand Prize Winner, or distribution of the prizes.
He worried that deposit insurance would "make the United States government liable for the mistakes and errors of individual banks, and put a premium on unsound banking in the future".
Mansfield concluded that the insurers were not liable for losses resulting from errors committed by the Zong crew.
These approaches are potentially liable to error, for example through inaccuracies in DNA concentration measurement, or from errors in handling and pipetting template DNAs for the construction of separate calibration curves.
