A Delaware court quashed a subpoena aimed at an unclaimed property holder, but the victory may be short-lived. Our Unclaimed Property Team explores the latest court decision addressing a subpoena for records dating back to the 1990s.
- The subpoena asked for every check issued from 27 accounts over 20 years, including cleared and voided checks and checks issued to payees in other states
- The court found the subpoena too expansive and unreasonable
- The third-party auditor’s incentives and motives were called into question
Read the full advisory here.