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Federal Home Loan Mortgage Corporation v. Deloitte & Touche LLP
Case Number:
1:14-cv-23713
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January 20, 2016
Freddie Mac Ends $1.3B Taylor Bean Suit Against Deloitte
Freddie Mac is dropping its $1.3 billion lawsuit against Deloitte & Touche LLP for the accounting firm's alleged complacency in the fraud and eventual collapse of mortgage lender Taylor Bean & Whitaker Mortgage Corp., according to a short filing in Florida federal court on Wednesday.
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July 08, 2015
Deloitte Can't Kill Freddie Mac's $1.3B Taylor Bean Suit
Deloitte & Touche LLP can't escape a $1.3 billion lawsuit accusing it of complacency in the fraud and eventual downfall of mortgage lender Taylor Bean & Whitaker Mortgage Corp., a Florida federal judge ruled Wednesday, finding that the Federal Loan Mortgage Corp. brought enough evidence to press for punitive damages.
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March 10, 2015
Freddie Mac Grows $1.3B Taylor Bean Suit Against Deloitte
Freddie Mac has expanded accusations that Deloitte & Touche LLP failed to flag the fraud that brought down Taylor Bean & Whitaker Mortgage Corp., according to a complaint unsealed Monday that demands punitive damages on top of the $1.3 billion Freddie Mac allegedly lost.