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2nd Circ. Lets KPMG, E&Y Walk From Madoff Audit Suits

By Lana Birbrair (July 10, 2012, 4:55 PM EDT) -- The Second Circuit on Tuesday upheld the dismissal of KPMG LLP and Ernst & Young LLP from a suit and a class action brought against the accounting firms over their alleged failures to audit Tremont Group Holding Inc. and others, which ran several feeder funds to Bernard Madoff's Ponzi scheme....

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