Red Flags Detected
- Auditor Change (new) — The company dismissed Ernst & Young and replaced them with Grant Thornton, which warrants scrutiny despite stated absence of disagreements.
Kestrel Group dismisses Ernst & Young, hires Grant Thornton as new auditor
Filed April 6, 2026 · Period ending April 6, 2026 · ~1 min read
Key Changes
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high
Audit Committee dismissed Ernst & Young and engaged Grant Thornton as independent auditor effective April 1, 2026. Company states no disagreements on accounting principles or auditing procedures occurred.
Item 4.01 verify on EDGAR → -
medium
Ernst & Young issued clean audit opinion on 2025 financials with no adverse findings, qualifications, or scope limitations prior to dismissal.
Item 4.01 verify on EDGAR → -
medium
Ernst & Young confirmed agreement with company's disclosure statements in their acknowledgment letter, with no basis to disagree on other matters.
Exhibit 16.1 verify on EDGAR →
1 more material change behind this preview — plus the full narrative summary, section-by-section diffs against the prior filing, and verbatim quotes with EDGAR citations.
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Generated by AI · Jun 11, 2026 1:22 AM