PwC Can't Duck FDIC Negligence Claims Over $899M Fraud

By Cara Salvatore (July 15, 2014, 7:38 PM EDT) -- An Alabama federal judge refused Tuesday to dismiss Federal Deposit Insurance Corp. claims against PricewaterhouseCoopers LLC and another company over alleged failures in their auditing of Colonial Bank, saying the agency didn't need to show it could have anticipated the form that an $899 million mortgage fraud would take....

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