January 16, 2021

EY Glad That Whole Lehman Brothers Thing Is Over

EY

EY settled its litigation with the New York Attorney General today, paying $10 million to make Eric Schneiderman go away. The suit was originally brought by now-New York Governor Andrew Cuomo over four years ago.

EY claims that this was the “last significant lawsuit” remaining and said, “After many years of costly litigation, we are pleased to put this matter behind us, with no findings of wrongdoing by EY or any of its professionals.”

[Reuters]

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