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SEC Rejects Ex-E&Y Partner's Oversight Board Challenge

By Carmen Germaine (September 6, 2016, 5:00 PM EDT) -- The U.S. Securities and Exchange Commission on Friday upheld the Public Company Accounting Oversight Board's fine against a former Ernst & Young LLP partner for failing to address deficiencies in his audit of Taro Pharmaceuticals Industries Ltd., rejecting his claim that the PCAOB lacked constitutional authority to impose sanctions....

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