Chicago (Aug. 5, 2004) — Top-tier firm Grant Thornton will pay $1.5 million to settle charges of securities law violations stemming from the Chicago firm’s 1998 audit of mortgage banker MCA Corp.
According to the Wall Street Journal, the seven-figure settlement stems from Grant’s 1998 audit of now-bankrupt mortgage-banking concern MCA Corp., which was charged with civil fraud by the SEC earlier this year.
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