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U.S. says Ernst & Young to pay $11.8 million to settle audit charges

(Reuters) - Ernst & Young will pay $11.8 million to settle charges over "failed audits" of oil services company Weatherford International Plc <WFT.N >, the U.S. Securities and Exchange Commission said on Tuesday.

U.S. says Ernst & Young to pay $11.8 million to settle audit charges
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