'PwC Did Not Do Its Job' And Missed $2B Fraud, Judge Told

By Bryan Koenig · October 13, 2017, 6:56 PM EDT

PricewaterhouseCoopers LLP fundamentally bungled its auditing responsibilities when it failed to scrutinize mortgage transactions and missed a fraud scheme that led to the downfall of the bank PwC was supposed to...

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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


Case Title

Federal Deposit Insurance Corporation v. PricewaterhouseCoopers LLP et al(MEMBER CASE)

Case Number

2:12-cv-00957

Court

Alabama Middle

Nature of Suit

Contract: Other

Date Filed

October 31, 2012