Saturday, September 13, 2008

Auditing firm liable for allowing company to go deeper into insolvency

The following link is to the U.S. Court of Appeals, Third Circuit opinion upholding a verdict against PwC for an alleged negligent audit which allowed the insurance company which it was auditing to go deeper into insolvency.


http://www.ca3.uscourts.gov/opinarch/062209p.pdf

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