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in August 2019, wiping out about $36 billion in marketcapitalization. A week after a New York Times article exposed some of the practices in July 2017, the company admitted in a SEC filing that it had been aware of the problems previously. According to the complaint, the undisclosed cost cuts ultimately led to a massive $15.4
Charges against audit firm CohnReznick LLP for improper professional conduct on engagements for two clients in 2017. million in municipal bonds across two offerings in 2017 and 2018. A litigated matter charging Vale S.A. , These actions included: Litigated and settled actions charging Allianz Global Investors U.S.
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