Regulators said the big auditing agency — often called EY — had misled investigators, withheld evidence and violated public accounting guidelines made to take care of the integrity of the occupation.
The S.E.C. claimed the cheating concerned numerous the organization’s staff from 2017 to 2021, leading to the most important penalty at any time imposed via the agency against an auditing firm.
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Eventually, as regulators and EY officers official source performed their investigation, what arrived to gentle was a way more widespread dishonest issue.
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