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]