PwC Must Pay FDIC $625M Over Colonial Bank Failure

By Jack Newsham · July 2, 2018, 9:11 PM EDT

An Alabama federal court ruled against accounting giant PricewaterhouseCoopers on Friday in a suit brought by the Federal Deposit Insurance Corp. over the auditor's failure to detect a fraud scheme that...

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Documents

Case Information

Case Title

The Colonial BancGroup, Inc. et al v. PricewaterhouseCoopers LLP et al(LEAD CASE)

Case Number

2:11-cv-00746

Court

Alabama Middle

Nature of Suit

Contract: Other

Date Filed

September 09, 2011