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KM Financial Solutions | UPDATE 2-PwC owes FDIC $625.3 mln over Colonial Bank collapse -U.S. judge
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UPDATE 2-PwC owes FDIC $625.3 mln over Colonial Bank collapse -U.S. judge

01 Jul UPDATE 2-PwC owes FDIC $625.3 mln over Colonial Bank collapse -U.S. judge

Posted at 20:50h in News by
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July 2 (Reuters) – A federal judge on Monday said
PricewaterhouseCoopers LLP must pay $625.3 million in damages to
the Federal Deposit Insurance Corp for failing to uncover fraud
that led to one of the largest bank failures of the global
financial crisis.

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