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EY Beats Brooge Petroleum, SPAC Merger Fraud Suit

By Katryna Perera ( March 17, 2026, 8:07 PM EDT) -- A New York federal judge Tuesday tossed a suit against EY's Middle East affiliates that claimed they botched audits of United Arab Emirates-based Brooge Petroleum before its merger with a blank check company to enable a fraudulent scheme against investors, finding that the suit's claims are time-barred or inadequately pled....

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