Color us surprised:
A Broward County jury on Wednesday dealt a small blow to Ernst & Young in a negligence and fraud lawsuit, deciding that the accounting giant was only marginally negligent for a local businessman’s losses in connection with the demise of Superior Bank in 2001.
UPDATE, 7:00 pm EST, E&Y Statement: We believe we should have prevailed and will seek appropriate relief from the courts.
Ernst & Young to pay $10M in Superior Bank lawsuit [Triangle Business Journal]
Color us surprised:
A Broward County jury on Wednesday dealt a small blow to Ernst & Young in a negligence and fraud lawsuit, deciding that the accounting giant was only marginally negligent for a local businessman’s losses in connection with the demise of Superior Bank in 2001.
UPDATE, 7:00 pm EST, E&Y Statement: We believe we should have prevailed and will seek appropriate relief from the courts.
Ernst & Young to pay $10M in Superior Bank lawsuit [Triangle Business Journal]
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Does anyone still care about the EY split? Did anyone ever? Well, here’s your semi-weekly update anyway. Wall Street Journal reports that EY Global CEO Carmine Di Sibio and EY US Chair Julie Boland will be going head-to-head in Palo Alto this week to hash things out. As you may remember, Boland dared to raise […]
While it appears the EY split is going off the rails, despite assurances to the contrary from people who stand to make many millions of dollars from it, one former client — or rather, the client’s administrators as the client burned to the ground three years ago — is not satisfied with letting the drama […]
