Can an accountant tax advisor be held liable for failing to disclose his own involvement in an investment?
British Columbia, Canada
The following excerpt is from RBC Dominion Securities v. Merrill Lynch Canada et al., 2003 BCSC 1773 (CanLII):
In Hodgkinson v. Simms, supra, an accountant tax advisor failed to disclose the material fact of his own involvement in an investment that he recommended to his client, and the client incurred a substantial loss from the investment.
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