According to the filing, Humphrey officials say they didn't have any disagreements with Reznick's performance or criteria, a claim echoed by a Reznick official in the document.

KPMG had served as auditor for Supertel Hospitality Inc., which merged with Humphrey on Oct. 26, 1999. According to the SEC document, Supertel was considered the acquiring enterprise for financial reporting purposes.

Humphrey is grappling over the future of its 92 limited-service hotels and office buildings, which are scattered throughout 19 states, primarily in the Midwest and eastern United States. The properties had been leased to Humphrey Hospitality Management but the company told the REIT it was losing money managing them and wanted out of the leases unless the rent was reduced. Last week, two law firms filed a class-action suit against the REIT claiming it misled investors into thinking its financial status was more secure, and then "shocked the market" by announcing the problems with its leases.