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E&Y Faces Criminal Probe on Shelters

This investigation is the latest blow to the firm.

> > Ernst & Young LLP reportedly confirmed that it is a target of a federal criminal investigation of its promotion of tax shelters for clients. A spokesman told Reuters the Big Four accounting firm is cooperating with the probe, but would not provide additional details.
Source: CFO


Published:2004-05-25
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Capital Markets Report Urges 404 Fixes
A panel says changes in the way Sarbanes-Oxley has been applied will improve the competitiveness of the U.S. capital markets.

Wal-Mart Whistleblower Drops Lawsuit
Former executive still has a whistleblower case pending before the Labor Department.

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