Court of Appeals for the Seventh Circuit August 19, 1987, No. 86-2800 (Toro Co. v. Krouse, Kern & Co.)

RIPPLE, Circuit Judge.

In this diversity case, we are asked to review the judgment of the district court which held that the defendant accounting firm and individual accountants were not liable for alleged negligence to the plaintiff corporations, third parties who allegedly relied upon the reports of the accountants in extending credit to the accountants’ client.