PwC was facing a potential liability of $5.5 billion when it settled a case last year for allegedly defective audits. Read more
Those cases are scheduled to go to trial in February of 2017. Read more
This settlement winds up the litigation against entities that provided services to Madoff feeder funds. Read more
With the PwC settlement, the total recovery by investors in the suit will be at least $235 million. Read more
The U.S. Supreme Court has declined to review a Second Circuit Court of Appeals decision that rejected the claims of a group of former MF Global Inc. customers that said PricewaterhouseCoope... Read more
In another lawsuit involving accounting firms, PricewaterhouseCoopers (PwC) and Crowe Horwath will face claims accusing them of professional malpractice and breach of contract. It’s alleged... Read more
A lawsuit against PricewaterhouseCoopers (PwC) seeking $1 billion in damages will be allowed to go to trial. It is alleged in the suit that the firm’s bad accounting advice was a substantial... Read more
PricewaterhouseCoopers LLP (PwC) will pay $10.5 million to settle claims in a consolidated securities class action filed against American International Group Inc. (AIG). It was alleged in th... Read more
A woman who was injured in a personal watercraft accident on the Colorado River has been awarded $21.7 million by a Los Angeles jury. The verdict came in her lawsuit against the watercrafts’... Read more
Personal watercrafts (PWC), also known as jet skis, are extremely popular in the U.S. but are responsible for far too many on-the-water injuries. The U.S. Coast Guard defines PWCs as jet-pro... Read more
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