Year: 2012

E&Y was censured and fined a record $2 million by the PCAOB in connection with repeated violations of professional standards. It was imposed in a proceeding that was filed in March 2011 as a non-public but which, for good cause …

PCAOB IMPOSES RECORD FINE ON E&Y IN PUBLIC PROCEEDING Read More »

Tagged with: , , , , ,

Cases involving the sale of unregistered securities and Ponzi schemes were among the leading categories of cases brought last year according to recent statistics from NERA Economic Consulting (here). The Commission’s action against Kenneth Dachman combined elements of both. SEC …

ANOTHER OFFERING FRAUD CASE Read More »

Tagged with: , ,