Ex-E&Y Partner Fights Tax Fraud Conviction In 2nd Circ.

Law360, New York (November 14, 2011, 5:16 PM EST) -- An Ernst & Young accounting partner who allegedly aided a tax evasion scheme asked the Second Circuit on Monday to overturn his conviction, arguing that the legal standard for prosecuting tax evaders is too prosecutor-friendly to survive post-Skilling.

Robert Coplan, who was charged over his involvement in a now-disbanded E&Y tax shelter group, was convicted under a “troubling” legal standard that lets the government pursue accountants and lawyers who take aggressive tax law positions, his attorney told a three-judge panel.

His appeal offers the Second Circuit...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.