Court of Appeals upholds use of accounting expert in oil jobber fraud case
When two oil jobbers ended up in Court with cross-accusations of fraud and acounting misdeeds, the jury ultimately concluded that they both cheated, but that one cheated the other substantially more and earlier. The loser appealed, arguing that the Court should not have allowed its adversary to present its expert witness testimony because he lacked a reliable foundation for his opinions. The Court of Appeals noted taht there was adequate evidentiary foundation for the expert's analysis and that the loser's complaints about the evidence went to the weight to be given his testimony, not its admissibility. The case is Pantall Gallup, LLC, et al., v. Express Oil Co., et al.