Litigation

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Ernst & Young Lehman Litigation: It's No Victory If You're Going To Trial
Posted on 2 Aug 2011 by Francine McKenna

It wasn't even a verdict. Just a decision by New York Federal Court Judge Lewis Kaplan in one Lehman failure cases Ernst & Young is fighting. A decision to allow substantially all of the allegations against Lehman executives and at least one of... Read More

Tags: Francine McKenna , Ernst & Young , re: The Auditors , audit firms , Litigation , Lehman Brothers

The Week In Securities Litigation: SEC Targets Chinese Affiliates of Major Audit Firms, Market Professionals
Posted on 7 Dec 2012 by Thomas O. Gorman

Chinese affiliates of major audit firms and market professionals were the focus of securities enforcement litigation this week. Five PRC based affiliates of major international accounting firms were named as Respondents in an administrative proceeding... Read More

Tags: Insider Trading , Thomas Gorman , SEC Actions , Dodd-Frank , Chinese companies , Division of Investment Management , PRC , AICPA Conference , securities litigation , JOBS Act , audit firms , derivatives , SEC , Norm Champ , Litigation , PCAOB , Form PF , Luis Aguilar , Securities

Judge Rules Lehman And Ernst & Young Litigation Can Proceed
Posted on 2 Aug 2011 by Mark Zimbelman

According to an article in the Wall Street Journal : A lawsuit contending that Lehman Brothers Holdings Inc.'s former officials, underwriters and auditors are responsible for investor losses should go forward for the most part, a federal judge... Read More

Tags: audit firms , Litigation , FraudBytes , Mark Zimbelman , Lehman Brothers