Law360, New York (July 20, 2009) -- PricewaterhouseCoopers International Ltd. has won court approval to pay out roughly $23 million to settle allegations that the auditor facilitated a billion-dollar fraud perpetrated by hedge fund Lancer Management Group.
On Friday, Judge Kenneth A. Marra of the U.S. District Court for the Southern District of Florida approved a settlement resolving three suits accusing PricewaterhouseCoopers of helping Lancer defraud investors...
