Auditors Face Suit But Not Interest In $2B Bank Failure Row

By Jack Newsham · July 14, 2017, 10:43 PM EDT

An Alabama federal judge ruled Friday that auditors PricewaterhouseCoopers LLP and Crowe Horwath LLP must face a $2.2 billion lawsuit by regulators who say the watchdog overlooked a mortgage fraud scheme...

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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