BDO Fights SEC's 'Misdirected' Call For 2nd Circ. Rehearing

By Jessica Corso (April 10, 2024, 9:19 PM EDT) -- BDO USA LLP is urging the Second Circuit not to reconsider a decision that freed the firm from private litigation over AmTrust Financial Services Inc.'s financial restatements, saying the court should not heed "misdirected concerns" from the U.S. Securities and Exchange Commission about the ruling's supposed impact on shareholders' ability to sue public company auditors....

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