Lawsuit Filed Against Jorgensen: North American Professional Liability Insurance Agency, LLC (NAPLIA) recently filed a lawsuit in Massachusetts against Rickard Jorgensen and Jorgensen & Company for false and disparaging statements, wrongful solicitation of NAPLIA’s accounts, all of which was done in retaliation for NAPLIA leaving Jorgensen & Company’s CPAGold program.
In its court filing, NAPLIA recounts that it previously placed business through Jorgensen & Company for a number of years but made a business decision to exit his MGA in October of 2014; that Jorgensen & Company agreed to keep NAPLIA’s customer information confidential and not to solicit NAPLIA clients; and that shortly after exiting Jorgensen & Company’s CPA Gold program, Jorgensen & Company violated this agreement by soliciting NAPLIA’s clients using information previously supplied to Jorgensen & Company by NAPLIA.
NAPLIA’s complaint also details Jorgensen & Company’s attempts at misappropriating NAPLIA clients included false and misleading statements made about NAPLIA’s CPA ProSecure program.
Jorgensen makes reference to NAPLIA being terminated, this is not true, and the CPA Prosecure program will continue to insure accounts through 2018.
NAPLIA will seek all legal remedies against Rickard Jorgensen and Jorgensen & Company and is issuing this press release as a direct rebuttal to the false, misstated and incorrect statements made by Jorgensen & Company on October 14, 2016 via press release and continued direct solicitation of NAPLIA’s accounts.
NAPLIA Defeats Jorgensen & Company’s Attempt to Obtain an Injunction including its Copyright Claim: Separately from NAPLIA’s Massachusetts lawsuit, Jorgensen & Company filed a lawsuit against NAPLIA in federal district court in New Jersey making various allegations including a claim that Jorgensen & Company’s rate filings with state regulators carry copyright protection, and that NAPLIA and its insurance carrier violated the copyright. Jorgensen & Company immediately sought an injunction for relief with respect to its claims. The New Jersey Federal Judge ruled against Jorgensen & Company’s request for an injunction on all counts, stating that Jorgensen had not met the legal standard for an injunction on any of its claims. With respect to Jorgensen & Company’s copyright claims, the Court stated that NAPLIA was likely to win by stating: “…there is a substantial likelihood that Defendants [NAPLIA] will be able to show that Plaintiff [Jorgensen & Company] cannot claim copyright protection over the methods of calculating rates, or any concepts and principles embodied in those methods.” NAPLIA is of the opinion, based on the Court’s ruling, that Jorgensen & Company's high hopes for its prospects in the current New Jersey litigation are grossly misplaced.
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About NAPLIA:
North American Professional liability Insurance Agency, LLC (NAPLIA) accountants program CPA ProSecure is a quality professional liability solution for public accounting firms nationwide. After continually wanting more for our CPA firm clients but never finding the ideal insurance solution, we decided to do something about it.
The CPA ProSecure policy was designed by our professional liability insurance experts with decades of experience working with CPA firm clients by cherry-picking the best features from dozens of policies in the market today and adding coverage enhancements where we perceived gaps. We’re proud to offer you what we believe is the best insurance policy available for CPA firms today.
Working with CPA ProSecure you can expect more than just a policy. We are dedicated to providing you with continuous risk management and practical learning opportunities to keep your firm protected, the highest quality customer service so you can feel comfortable calling us with any issue, and a team of risk and legal experts who are ready and able to work with you to solve or mitigate any problem that arises.
NAPLIA, an agency well known and respected in the accountants’ professional liability industry for close to 20 years, and is the managing general agent (MGA) for CPA ProSecure. The professionals at NAPLIA have decades of specialized experience in providing professional liability, and related insurance products to public accounting firms.
We are proud members of the Professional Liability Underwriting Society (PLUS), the Better Business Bureau, and hold the highest ranking from Dun & Bradstreet for companies our size.
