New York Attorney General Seeks to Pursue Ernst & Young Lawsuit

New York Attorney General Seeks to Pursue Ernst & Young Lawsuit: Ernst & Young LLP, former auditor of bankrupt Lehman Brothers Holdings Inc., should “disgorge” $125 million in fees earned in an alleged fraud that used so-called Repo 105 transanscations to conceal tens of billions of dollars in debt, New York officials said in a court filing.

Comments