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Topics: Florida, White Collar, Finance, Accounting
Plaintiffs' attorney Steven Thomas read jurors testimony from an Ernst & Young partner during his closing argument. (Click here to see video from the trial.)
Seattle — A Washington State court jury sided with investors on Friday who lost $112 million dollars in Bernie Madoff’s historic Ponzi scheme in their lawsuit against Ernst & Young LLP, finding that the accounting giant was negligent by signing off on audits of billions in assets that didn’t exist.
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Topics: Negligence, Finance, Accounting, FUTURESELECT PORTFOLIO MANAGEMENT V. ERNST & YOUNG
