The Role of Accounting Practices in Lehman Brothers Collapse This year marks 10 years since financial services firm Lehman Brothers filed for bankruptcy in the US on Monday morning 15 September ...

Bryan Marsal, the banker who untangled the Lehman Brothers collapse, sees new warning signs From Lehman Bros to FTX, Bryan Marsal is Wall Street’s go to for the big corporate collapses.

Ernst & Young LLP, the company’s external accounting firm, was sued by then-New York Attorney General Eric Schneiderman for enabling Lehman Brothers to deceive investors.

The most recent balance sheet for Lehman Brothers Holdings Inc., dated April 5, 2018 and filed with the U.S. Bankruptcy Court for the Southern District of New York, shows the shareholders' equity ...

Ernst & Young last month agreed in principle to settle lawsuits filed by New Jersey and California municipalities over their losses from the Lehman collapse.

That's on top of another $99 million Ernst & Young agreed to pay to settle a related class action. Lehman Brothers went under in 2008, one of the sparks that ignited the global financial crisis.

Ernst & Young LLP [ERNY.UL] will pay $10 million (7 million pounds) to settle a New York lawsuit accusing the accounting firm of helping Lehman Brothers Holdings Inc [LEHMB.UL] deceive investors ...

NEW YORK • Ernst & Young LLP will pay $10 million to settle a New York lawsuit accusing the accounting firm of helping Lehman Brothers Holdings Inc. deceive investors in the years leading up to ...

The accounting giant formerly known as Ernst & Young settled charges brought five years ago by the New York attorney general's office regarding audits of Lehman Brothers. The cost: $10 million.

ALBANY, N.Y. (AP) - New York’s attorney general has settled a lawsuit against Ernst & Young over auditing at the now-defunct investment bank Lehman Brothers for $10 million.

Ernst & Young LLP agreed to pay investors $99 million to settle litigation over its auditing of the bankrupt Lehman Brothers Holdings Inc., according to a filing in federal court in Manhattan.