The $200-million suit by Financial Corp. of America, filed in U.S. District Court in Los Angeles, alleges that the accounting firm was “negligent in its performance” of duties as FCA’s auditor between 1974 and 1984. FCA alleged that Arthur Andersen failed to tell FCA’s senior management that there “were significant problems in FCA’s system of internal controls and record keeping . . . or serious problems in the amount of FCA’s loan-loss reserve.” Arthur Andersen officials could not be reached for comment.