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Ernst & Young Pays $117M To Exit Sino-Forest Investor Suit

By Stewart Bishop ( December 3, 2012, 9:00 PM EST) -- Ernst & Young has agreed to pay CA$117 million ($117.6 million) to settle its part in a shareholder class action involving bankrupt Chinese timber company Sino-Forest Corp. and others, an attorney said Monday, as a Canadian regulator accused the auditor of securities law violations....

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