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Assume that auditors lost a civil lawsuit for damages and the court found total losses of $ 5 million. If the auditors were determined to

Assume that auditors lost a civil lawsuit for damages and the court found total losses of $5 million. If the auditors were determined to be 30 percent at fault, were the only solvent defendants and the auditors participated knowingly in commission of violations of securities laws (with managers and directors of the audit client). What is the auditors' likely obligation?

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