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EY Accused Of Aiding Energy Firm's SPAC Fraud

Gunnar Larson

19 Dec 2024 19 Dec '24
8 a.m.

EY Accused Of Aiding Energy Firm's SPAC Fraud <https://www.law360.com/capitalmarkets/articles/2275605?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-12-19&read_main=1&nlsidx=0&nlaidx=1> By Emilie Ruscoe Big Four accounting firm EY faces a suit alleging that its "unqualified" audit opinions for a United Arab Emirates-based oil storage leasing company enabled the company to defraud investors in its $1 billion 2019 merger with a special purpose acquisition company. Complaint attached | Read full article » <https://www.law360.com/capitalmarkets/articles/2275605?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-12-19&read_more=1&nlsidx=0&nlaidx=1> | Save to favorites » <https://www.law360.com/capitalmarkets/articles/2275605?nl_pk=abe82add-2a33-4388-8f7e-63d76e8f5534&utm_source=newsletter&utm_medium=email&utm_campaign=capitalmarkets&utm_content=2024-12-19&read_later=1&nlsidx=0&nlaidx=1>

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