UK Watchdog Goes After Deloitte For MG Rover Work

Law360, New York (February 2, 2012, 2:07 PM EST) -- A U.K. accounting watchdog on Thursday accused Deloitte LLP of failing to adequately consider the public interest in advising MG Rover Group Ltd., which went bankrupt in 2005, and four of its one-time directors in certain transactions.

The Accountancy and Actuarial Discipline Board said the disciplinary complaint targets the conduct of the auditing and consulting giant and Maghsoud Einollahi, a former partner in the company's corporate finance department, as corporate finance advisers to various companies involved with MG Rover and four former directors with MG Rover...
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