An Italian judge ruled Tuesday that two former Grant Thornton auditors of Parmalat will stand trial on false accounting and market rigging charges for their role in the Italian dairy company's collapse.
Judge Cesare Tacconi's ruling came at the start of hearings on whether 32 individuals and companies accused of crimes in the fraud scandal should be put on trial. AP has more on the charges and Reuters has additional background.
Previously on JURIST's Paper Chase...
- Parmalat files suit against former auditors
- Parmalat files suit against Swiss bank UBS
- Parmalat sues Citigroup for its role in accounting fraud
- BREAKING NEWS ~ 29 indictments sought in Parmalat case