CUMIS Sues Local Accounting Firm Over Failure to Detect Insider Theft

CUMIS has filed suit against Burbank accounting firm, Turner, Warren, Hwang and Conrad, over their failure to detect that a branch manager for Priority One CU had stolen more than $1 million over several years from the branch vault.  CUMIS claims that the accounting firm failed to conduct a branch vault audit that would have detected the theft. [3/9/15]