PwC Wants Higher Court To Step In On $2B Failed Bank Suit

By Jack Newsham (August 23, 2017, 2:58 PM EDT) -- PricewaterhouseCoopers LLP asked an Alabama federal judge on Tuesday to halt a $2 billion lawsuit shortly before trial so the state's top court or an appeals tribunal can consider whether fraud by employees of failed Colonial Bank was passed on to the Federal Deposit Insurance Corp., saying state law is not clear on the matter....

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