FDIC Fires Back At PwC's Bid To Dodge $1B Negligence Suit
By Stewart Bishop ( April 8, 2013, 8:33 PM EDT) -- The Federal Deposit Insurance Corp. on Monday pushed back against PricewaterhouseCoopers LLP's bid to toss the FDIC's suit over Colonial Bank's $1 billion loss in the Taylor Bean & Whitaker Mortgage Corp. mortgage fraud scheme, saying the auditor's interpretation of the U.S. Supreme Court's O'Melveny & Myers decision is faulty....
Law360 is on it, so you are, too.
A Law360 subscription puts you at the center of fast-moving legal issues, trends and developments so you can act with speed and confidence. Over 200 articles are published daily across more than 60 topics, industries, practice areas and jurisdictions.
A Law360 subscription includes features such as
- Daily newsletters
- Expert analysis
- Mobile app
- Advanced search
- Judge information
- Real-time alerts
- 450K+ searchable archived articles
And more!
Experience Law360 today with a free 7-day trial.