Daily Archives: December 3, 2013, 8:55 am

Ernst & Young Settles Lehman Investor Lawsuit for $99 Million – Businessweek

Ernst & Young LLP agreed to pay investors $99 million to settle litigation over its auditing of the bankrupt Lehman Brothers Holdings Inc., according to a filing in federal court in Manhattan. The accord, disclosed by plaintiffs’ lawyers in a filing yesterday in federal court in Manhattan, would resolve claims of investors who bought certain securities issued by the firm…

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