2nd Circuit Denies Rehearing To Securities Audit Firm After Issuing Amended Opinion

( January 23, 2025, 10:12 AM EST) -- NEW YORK — A Second Circuit U.S. Court of Appeals panel denied a petition for rehearing or rehearing en banc filed by the auditor of an insurance company accused by investors of overstating its earnings and refused to review its finding in an amended opinion that claims brought under the Exchange Act against the auditor can proceed because the auditor’s misstatements were in fact material....

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