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 Bank, an amount that's roughly half of what an Alabama federal judge had previously said the agency was entitled to in damages....

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