Jury Clears PwC Of Giving Bad Advice To Skype Investor

Law360, Los Angeles (October 7, 2013, 9:09 PM EDT) -- A California jury on Monday rejected an accounting malpractice suit against PricewaterhouseCoopers LLC, finding it did not give Skype Ltd. founding board member Mark Dyne bad advice that resulted in him having to pay $1.4 million in taxes when eBay Inc. bought Skype.

After less than two hours of deliberations, the Los Angeles Superior Court panel delivered a defense verdict that cleared PwC of any liability for Dyne's tax hit. He alleged an international tax expert at Coopers & Lybrand LLP, the predecessor to PwC, incorrectly...
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