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Bain sues EY in US court for $60-mn loss in Lilliput

Bain alleges that it invested around $60 mn based on false financial statements that EY had audited and certifiedPrivate equity (PE) major Bain Capital has sued EY (formerly Ernst & Young) in a US......

Morgan Stanley PE faces Rs 200-cr loss

Troubled investments have claimed the second big victim in the Indian private equity space. On the heels of Lilliput, where marquee names like TPG and Bain Capital are stuck in a messy legal......
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