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PwC Says BofA To Blame In $400M Suit Over Bank Failure

By Reenat Sinay (January 29, 2019, 6:02 PM EST) -- PricewaterhouseCoopers LLP urged an Alabama federal judge Monday to reject the $400 million in damages sought by the Federal Deposit Insurance Corp. in long-running litigation over the accounting giant's alleged failure to detect fraud that brought down Colonial Bank, arguing Bank of America should be responsible....

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