PwC Can't Halt $2B Suit Over Mortgage Fraud That Sank Bank

By Rick Archer · September 1, 2017, 7:22 PM EDT

An Alabama federal judge said Friday that she won't pause a $2 billion suit that alleges PricewaterhouseCoopers LLP overlooked a mortgage fraud scheme that brought down a bank while the auditor appeals the...

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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