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Ernst & Young Censured, Fined $2M Over Faulty Audits

By Keith Goldberg (February 8, 2012, 7:48 PM EST) -- Public accounting regulators said Wednesday that they had censured Ernst & Young LLP, sanctioned four current and former partners, and fined the company $2 million in order to settle allegations E&Y performed faulty audits for dermatological drugmaker Medicis Pharmaceutical Corp....

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