KPMG Avoids Damages Over College’s Financial Aid Audits As Malpractice Trial Concludes
Nov 22, 2019
KPMG will not have to pay any damages in a college’s malpractice lawsuit alleging the firm should have detected fraud in the school’s financial aid office, after a Massachusetts state court jury on Tuesday found the accounting giant only 15 percen...
Oct 28, 2019
KPMG will not have to pay any damages in a colleges malpractice lawsuit alleging they should have detected fraud in the schools financial aid office, after a Massachusetts state court jury on Tuesday found the accounting giant only 15 percent li...
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Oct 21, 2019
Accounting giant KPMG heads to trial next week in Massachusetts state court in a malpractice lawsuit filed by Merrimack College over KPMG’s supposed failure to catch fraudulent activity in its financial aid office.
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|BREAKING NEWS| PricewaterhouseCoopers Settles $5.5B Accounting Negligence Suit by Taylor Bean Trust
Aug 26, 2016
PricewaterhouseCoopers settled a $5.5 billion accounting negligence case against it, midway through a Florida state court trial over the accounting giant’s alleged responsibility for failing to detect widespread fraud that led to the collapse of o...
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In $5.5B Trial Against PwC, Ex-Taylor Bean General Counsel Defends Sales Agreements, Details Financial Devastation
Aug 25, 2016
As the $5.5 billion accounting negligence trial against PricewaterhouseCoopers entered its third week Monday, the former general counsel of failed mortgage giant Taylor, Bean & Whitaker closed two days of testimony over agreements that led to ...
Aug 10, 2016
A state court jury heard opening statements on Tuesday in the largest accounting negligence lawsuit ever to go to trial, with attorneys for a defunct mortgage company’s bankruptcy trust accusing PricewaterhouseCoopers of performing negligent audits.
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Aug 9, 2016
The lawsuit was filed in 2013 by a trust established as part of Taylor Bean and Whitaker Mortgage Corp.'s bankruptcy plan. Before being raided by federal agents in 2009 and then declaring bankruptcy, Taylor Bean & Whitaker was one of the large...
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Jul 28, 2016
The largest accounting negligence lawsuit ever to go to trial begins August 1 in Florida, where Big Four firm PricewaterhouseCoopers will defend against claims it should pay $5.5 billion for performing allegedly faulty audits.
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Golf Co. Tees Off On Jim Beam Owner At $16.6M Tax Trial
Jun 1, 2016
Golf company Acushnet accuses liquor company Beam Suntory Inc. of improperly taking $16.6 million in value-added tax revenue at a trial in Boston's business court.
Nov 15, 2015
A Washington State court jury sided with investors on Friday who lost $112 million dollars in Bernie Madoff’s historic Ponzi scheme in their lawsuit against Ernst & Young LLP.
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Oct 15, 2015
An investment firm that saw nearly $200 million vanish in Bernie Madoff’s historic Ponzi scheme took Ernst & Young to trial on Tuesday, claiming that the accounting giant is responsible for the loss.
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Oct 13, 2015
A Washington State court jury sided with investors on Friday who lost $112 million dollars in Bernie Madoffs historic Ponzi scheme in their lawsuit against Ernst & Young LLP, finding that the accounting giant was negligent by signing off on a...
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