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Washington state is suing Ernst & Young LLP for negligence for its role as auditor for bankrupt Metropolitan Mortgage & Securities Co. Washington Insurance Commissioner Mike Kreidler alleges in the suit that E&Y falsely claimed that Met Mortgage's financial statements were fair and accurate. Filed in Spokane County Superior Court, the 66-page civil suit seeks unspecified damages from E&Y that are estimated to run into the millions of dollars.
October 20, 2004 at 12:00 AM
1 minute read
The original version of this story was published on Law.Com
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