Attorney failed to file tax returns for a number of years. After Prof Ostrove’s testimony, Court Dismissed Case. Dismissal affirmed on appeal. IRS used inappropriate procedures, per Ostrove,
ACCOUNTANT MALPRACTICE DEFENSE; (LA)
Accountant (CPA) sued for Negligence (Malpractice) in Jury Trial; Ostrove testified as expert witness for deft. Jury found for Deft.
5 MILLION $ RECOVERY FOR FIRE DAMAGE STARTUP COMPANY IN INSURANCE BAD FAITH CASE: (LA)
Ostrove testified that start-up co had fair market value of 5 mil. Jury awarded 5 mil. Affd on appeal.
TRUST COMPANY HELD GROSSLY NEGL BASED ON OSTROVE’S TESTIMONY IN COURT TRIAL (LA)
In order to prevail, it was necessary for Judge to find that large trust company (Professional Trustee) was GROSSLY negligent, for failure to verify value of underlying collateral. Judge So Found. (second judge found consistent with first judge. Ostrove was expert wit in both cases. )
IN ANOTHER TRUST CASE OSTROVE TESTIFIED THAT NON-PROFESSIONAL TRUSTEE WAS NOT NEGLIGENT (LA)
Due to different standard of care. Judge held for Non-Professional Trustee, (no negligence) based on Ostrove’s testimony.
TAX COURT CASE; REASONABLE VALUE OF OFFICER’S SERVICES: (LA, Before US Tax Ct)
Ostrove testified that Taxpayer was entitled to salary deductions far in excess of that allowed by tax court Judge. Tax Court Judge refused to accept Ostrove’s expert opinion. REVERSED on appeal. Appeal Court held consistent with Ostrove’s expert opinion.
TRUST CASE – VENTURA COUNTY
Ostrove testified for non-professional trustees, that they were not negligent; Court held for Ostrove’s clients.
FEDERAL CRIMINAL CASE (LA)
Ostrove testified for Govt and traced fraudulent stolen proceeds to Defendant. Defendant was convicted in Jury Trial.
Mr Ostrove testified more than 25 times for George Dalton Esq in California, in defense of Attys and CPAs accused of Negligence (i.e. Malpractice) Received Defense verdicts is all cases.(except one)