New Indictment Planned In Ernst & Young Tax Case

Law360, New York (September 12, 2007, 12:00 AM EDT) -- New York prosecutors have revealed that they plan to seek a new indictment in a fraud case against four current and former Ernst & Young partners charged with allegedly designing fraudulent tax shelters.

At a status conference on Tuesday, Assistant U.S. Attorney Deborah E. Landis told Judge Sidney H. Stein of the U.S. District Court for the Southern District of New York that the investigation into the Ernst & Young tax shelters fraud was ongoing, and that prosecutors are currently planning to supersede the current indictment...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.