To minimize the fallout from the fraud, Cendant quickly hired special legal counsel who in turn hired Arthur Andersen, LLP to perform an independent investigation. Cendant then fired Cosmo Corigliano, former chief financial officer (CFO) of CUC, and dismissed Ernst & Young, LLP which was serving as the auditor for Cendant's CUC business units. The staff of the Securities and Exchange Commission and the U.S. Attorney for the District of New Jersey also initiated investigations relating to the accounting fraud.