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FDIC Strikes $335M Deal With PwC Over Colonial Bank Audits

By Jon Hill · March 15, 2019, 8:44 PM EDT

The Federal Deposit Insurance Corp. said Friday that it has reached a $335 million settlement resolving its case against PricewaterhouseCoopers LLP over the accounting giant's audit work for the now-failed Colonial...

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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

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