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PwC Hit With $3M Fine For Subprime Lender Audit Failure

By Alex Davis (September 1, 2016, 12:13 AM BST) -- Accountancy giant PricewaterhouseCoopers LLP was slapped with a £2.3 million ($3 million) fine by the U.K. industry regulator for failures in the company's 2007 audit for former subprime lender Cattles PLC, the Financial Reporting Council said on Tuesday....

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