Court revives backdating lawsuit against ernst
By Karen Freifeld NEW YORK, Feb 20 (Reuters) - A New York state appeals court on Thursday revived the New York Attorney General's claims for 0 million in fees that Ernst & Young earned from Lehman Brothers Holdings in the years leading up to the bank's 2008 collapse.The state wants to recoup the fees as part of a lawsuit against Ernst & Young over its auditing of Lehman Brothers.
"Disgorgement aims to deter wrongdoing by preventing the wrongdoer from retaining ill-gotten gains from fraudulent conduct," the five-judge panel wrote.Former Secretary of State Hillary Clinton delivers remarks at a ceremony to unveil a portrait honoring retiring Senate Minority Leader Harry Reid on Capitol Hill in Washington, U. While the State Department and National Archives took steps to recover the emails from Clinton's tenure, they did not ask the U. A district judge in January ruled the suits brought by Judicial Watch and Cause of Action moot, saying State and the National Archives made a "sustained effort" to recover and preserve Clinton's records. REUTERS/Jonathan Ernst WASHINGTON (Reuters) - In a new legal development on the controversy over former Secretary of State Hillary Clinton's emails, an appeals court on Tuesday reversed a lower court ruling and said two U. government agencies should have done more to recover the emails. Clinton, the 2016 Democratic presidential nominee, used a private email server housed at her New York home to handle State Department emails. The email case shadowed Clinton's loss to Republican Donald Trump in the Nov. Trump, who had repeatedly said during the bruising campaign that if elected he would prosecute Clinton, said after the election he had no interest in pursuing investigations into Clinton's email use. Two conservative groups filed lawsuits to force their hand."Absent a showing that the requested enforcement action could not shake loose a few more emails, the case is not moot."The State Department does not comment on pending litigation, a spokesperson said. IE #site Header #marquee Container #marquee-site, . */ #site Header .sublabel-small .title /*label-forced widths*/ #site Header .lbl-2col .title #site Header .label-an-3 /*x3*/ /*grid headlines*/ #site Header h1 #site Header h2 #site Header h3 #site Header h4 #site Header h5 #site Header h4, #site Header h5 #site Header h5 #site Header h6 a #site Header h1:hover, #site Header h1:visited:hover, #site Header h2:hover, #site Header h2:visited:hover #site Header h6 #site Header h6:hover, #site Header h6:visited:hover #site Header h6:hover, #site Header h6:visited:hover /* icon styles */ #site Header h6 .video, #site Header h6 .photos, #site Header h6 .photo, #site Header h6 .data, #site Header p .video, #site Header p .photos, #site Header p .photo, #site Header p #site Header .tease .video, #site Header .tease .photos, #site Header .tease .photo, #site Header .tease .data, #site Header .timestamp, #site Header .updated .timestamp .