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September 28, 2023

Eric Schneiderman

New York Won’t Be Getting Its Mitts on Ernst & Young’s Lehman Brothers Fees

Nice try, Schneiderman. The New York attorney general has no authority to claim $150 million in fees that Ernst & Young earned from Lehman Brothers Holdings in the years leading up to Lehman's collapse in 2008, a judge ruled on Wednesday. The state had sought the fees as part of a lawsuit against Ernst & Young […]