The Commission filed its first action against an auditor for lack of independence based on a romantic relationship this week. The agency also filed an action alleging insider trading against long time hedge fund operator, Leon Cooerman and another insider …
This Week In Securities Litigation (Week ending Sept. 23, 2016) Read More »
The SEC has long stressed auditor independence. The agency has brought a series of cases over the years to reinforce the point. Two settled actions involving accounting giant Ernst & Young LLP and others are the first, however, based on …
SEC Charges EY in First Auditor Independence Actions Based on Personal Relationships Read More »