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Deloitte Unit To Pay $12M To China MediaExpress Investors

By Ben Conarck ( May 6, 2015, 3:34 PM EDT) -- A class of investors in China MediaExpress Holdings Inc. on Tuesday reached a $12 million settlement with Deloitte Touche Tohmatsu Ltd.'s Hong Kong partnership, which they accused of filing misleading reports on the advertising company, causing it to trade at artificially high prices. ...

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