PwC Added To MF Global Securities Class Action

Law360, New York (November 5, 2012, 4:23 PM EST) -- Customers of bankrupt MF Global Holdings Ltd. on Monday added PricewaterhouseCoopers LLP to the fraud class action over MF Global's collapse, accusing the accounting company of failing to properly evaluate safeguards for protecting the securities company's customer funds.

The investors brought the consolidated amended complaint in New York federal court, restating allegations against former MF Global CEO Jon S. Corzine, along with other former executives at MF Global and its MF Global Inc. unit, but adding London-based professional services giant PwC to the mix.

The suit...
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