Settlement sought as Irish arm of Grant Thornton to meet mediator in fraud case

Insurance representatives for Grant Thornton’s Irish arm will meet a mediator this month to see if a settlement can be thrashed out in a case linked to an action filed earlier this year. It has been accused of colluding during audits of a Florida investment firm to help it engage in fraudulent activity that resulted in a $400m (€368m) black hole in the company’s balance sheet.

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