Deloitte Fights SEC Bid To Reopen China Audit Case

Law360, Los Angeles (January 8, 2013, 5:56 PM EST) -- Global audit firm Deloitte Touche Tohmatsu CPA Ltd. urged a Washington federal judge on Monday to toss a U.S. Securities and Exchange Commission request to reopen a case demanding documents from Deloitte's audit of a Chinese technology company, saying the SEC needs to first resolve a broader fight with the Big Four accounting firms.

The SEC wants to resume the case in District of Columbia federal court after it unsuccessfully tried to get Deloitte's audit documents on allegedly fraudulent Longtop Financial Technologies Ltd. directly from the...
To view the full article, register now.

Related

Sections

Case Information

Case Title

U.S. SECURITIES AND EXCHANGE COMMISSION v. DELOITTE TOUCHE TOHMATSU CPA LTD.


Case Number

1:11-mc-00512

Court

District Of Columbia

Nature of Suit

Other Statutory Actions

Judge

Gladys Kessler

Date Filed

September 8, 2011

Law Firms

Companies

Government Agencies

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.