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Use the Internet or visit the U.S. Securities and Exchange Commission website at SEC.gov | Home to research at least two sanctions levied against companies

Use the Internet or visit the U.S. Securities and Exchange Commission website at SEC.gov | Home to research at least two sanctions levied against companies that have violated general accounting principles. Briefly analyze whether or not investors who were misled by relying on financial statements could hold the audit firm liable for audit failure either by common or securities laws. Provide a rationale for your response. Be sure to respond to at least one of your classmates posts.

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