E&Y Should Pay $112M For Madoff Loss, Jury Told

By Brandon Lowrey (November 9, 2015, 11:56 PM EST) -- Ernst & Young LLP owes investors more than $112 million for failing to properly audit a feeder fund for Bernie Madoff's bogus securities firm, leading to massive losses, investment firm FutureSelect Portfolio Management Inc. told a Seattle jury Monday during closing arguments in its negligence suit....

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