51.5UltramaresDoctrineTexscanCorporation (Texscan) was a corporation located in

51.5UltramaresDoctrineTexscanCorporation (Texscan) was a corporation located in PhoenixArizona. The company was audited by Coopers & Lybrand(Coopers) a national CPA firm that prepared audited financialstatements for the company. The Lindner Fund Inc. and the LindnerDividend Fund Inc. (Lindner Funds) were mutual funds thatinvested in securities of companies. After receiving and reviewingthe audited financial statements of Texscan Lindner Fundspurchased securities in the company. Thereafter Texscan sufferedfinancial difficulties and Lindner Funds suffered substantiallosses on its investment. Lindner Funds sued Coopers alleging thatCoopers was negligent in conducting the audit and preparingTexscans financial statements. Can Coopers be held liable toLindner Funds for accounting malpractice undertheUltramaresdoctrine Section552 of theRestatement (Second) ofTorts or the foreseeabilitystandard?Lindner Fund v. Abney 770S.W.2d 437Web1989Mo.App. Lexis 490 (Court of Appeals of Missouri)