LEGAL NEWSLINE

Recent News About Pricewaterhouse Coopers

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  Judge finds PwC liable to FDIC - only the FDIC - over Colonial fraud

  By Daniel Fisher | Wednesday, Jan 3, 2018 @ 10:20am

  WASHINGTON (Legal Newsline) - A federal judge in Washington has found accounting giant PwC liable to the Federal Deposit Insurance Corp. for failing to catch the multibillion-dollar fraud that took down Colonial Bank, even as she rejected similar claims by the bank and its holding company because they were complicit in the fraud.

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  FDIC's attack on PwC puts judge behind schedule

  By Daniel Fisher | Friday, Dec 1, 2017 @ 8:10am

  WASHINGTON (Legal Newsline) - A federal judge has put a damages trial on hold in the Federal Deposit Insurance Corp.’s multibillion-dollar lawsuit against accounting firm PwC over 2009 failure of Colonial Bank Group, saying she was behind schedule on determining the threshold question of liability.

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