UK Watchdog Clears E&Y Over Lehman Audits
The Financial Reporting Council said its Accountancy and Actuarial Discipline Board had closed a two-year probe without finding any wrongdoing regarding E&Y’s audits of Lehman’s British operations.
The investigation, spearheaded by Gareth Rees, the AADB's executive counsel, focused on whether the audit firm improperly signed...
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