| Topic Name: |
Arthur Andersen Lawsuit |
| Message Name: |
AA gets sued leveraging "Andersen" brand name |
| Date Posted: |
03/05/2001 |
| Message: |
From the Wall Street Journal, Fri March 2, 2001:
According to its complaint, [Minnesota based collectibles company] Department 56. Inc. hired Arthur Andersen in 1996 to overhaul its computer systems, only to conclude that Arthur Andersen wasn't competent to perform the job, which [Department 56] said cost far more than expected. The complaint contents that Arthur Andersen's motivation for taking the job was to develop an information-technology consulting business to rival that of Andersen Consulting .
. . . Department 56 alleges that AA officials convinced the company to implement the new system . . . by claiming that AA consultants would draw on "the services of the entire Andersen Worldwide organization, including Andersen Consulting."
. . . The complaint . . . alleges fraud, negligence and breach of contract, among other things.
- - - -
Sounds like AA was trying to leverage the good will and brand name recognition of Andersen that AC (now Accenture) built-up -- and AA got caught trying to pull the wool over the eyes of their client.
What do you think?
|
|
