Ernst & Young recently announced that Lou Mosher has been appointed MP of the firm's Rochester and Syracuse offices.
Mosher succeeds Todd Trehan who is remaining with the firm and assuming a role in the National Professional practice.
The U.S. Supreme Court brushed away an appeal by Former Ernst & Young Partner and Tax Lawyer Robert Coplan.
Manuel Tron will assume the role of Americas Tax Policy Leader for the global EY organization.
Ernst & Young entered into a non-prosecution agreement that allows the firm to escape criminal prosecution for its participation in a tax shelter scheme in exchange for an agreement to pay $123 million, admission by the firm of the wrongful conduct of certain partners and employees and certain permanent restrictions and controls on its tax practice, including a prohibition against planning, promoting or recommending any tax shelter the IRS has determined to be a tax avoidance transaction.
The $13 million settlement covers class members who bought Broadcom stock between Feb. 14, 2006, and May 25, 2006.
The case took a long and winding legal road.