Ernst & Young Hid IndyMac Crisis, Investor Tells 9th Circ.

By Daniel Siegal (April 9, 2014, 4:17 PM EDT) -- A former IndyMac Bancorp Inc. investor on Wednesday urged the Ninth Circuit to revive a putative securities class action accusing Ernst & Young LLP of concealing the bank's perilous condition before its collapse, saying the accounting firm falsely opined that IndyMac's financial statements conformed with generally accepted accounting principles....

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