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Deloitte Signed Off On Bogus ChinaCast Docs, Funds Say

By Brian Mahoney (February 19, 2013, 6:54 PM EST) -- A group of investment funds hit Deloitte & Touche LLP with a securities suit in New York federal court Friday to recover tens of millions of dollars in alleged investment losses on ChinaCast Education Corp. securities, saying the audit giant signed off on the company's bogus financial statements....

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