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Friday, 08/26/2016 11:47:47 AM

Friday, August 26, 2016 11:47:47 AM

Post# of 798295
PwC Reaches Deal Amid $5.5B Taylor Bean Trial

PricewaterhouseCoopers LLP has reached a mid-trial settlement of claims brought by the trustee for Taylor Bean & Whitaker Mortgage Corp. that the accounting giant allegedly made possible a $5.5 billion fraud at the bankrupt mortgage lender, an attorney for the trustee said Friday.

http://www.law360.com/banking/articles/833206?nl_pk=ac96a931-8dab-4c36-9d19-2d5746dc3598&utm_source=newsletter&utm_medium=email&utm_campaign=banking