Ernst & Young May Face Fraud Charges in the Lehman Debacle | Fox Lake Towing and Recovery

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Ernst & Young May Face Fraud Charges in the Lehman Debacle

by Dawn Kawamoto on Dec.20, 2010, under Towing

Lehman Brothers

Accounting giant Ernst & Young is expected to face civil fraud charges by New York prosecutors over its alleged role in the spectacular collapse of Lehman Brothers. The lawsuit would mark the first time a Big Four accountant has been charged in regard to the financial crisis.

Continue reading Ernst & Young May Face Fraud Charges in the Lehman Debacle

Ernst & Young May Face Fraud Charges in the Lehman Debacle originally appeared on DailyFinance on Mon, 20 Dec 2010 10:10:00.

Filed Under: Company News, Investing

:Andrew Cuomo, civil fraud charges, Company News, earnings, ernst and young, ernst and young fraud charge, Investing, Lehman Bankruptcy, Lehman Brothers, misled investors, New York Attorney General, New York prosecutors, quarterly results, Repo 105, repurchase agreements

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