A federal judge has signed off on a $9 million settlement against Ernst & Young over claims made by investors in PNC Financial Services Group Inc.
The accusations stem from an accounting scandal in which PNC restated nearly $155 million in earnings. The settlement wraps up litigation that has resulted in a pool of about $200 million to be divvied up among tens of thousands of PNC investors.
Register or login for access to this item and much more
All Accounting Today content is archived after seven days.
Community members receive:
- All recent and archived articles
- Conference offers and updates
- A full menu of enewsletter options
- Web seminars, white papers, ebooks
Already have an account? Log In
Don't have an account? Register for Free Unlimited Access