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Historic $5.5B Trial Begins Over PricewaterhouseCoopers' Role In Crisis-Era Bank Failure

Posted by David Siegel on Aug 10, 2016 5:46:54 PM

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Topics: Florida, Finance, Accounting

CVN To Webcast $5.5B Accounting Negligence Trial Over PwC’s Audits Of Failed Bank

Posted by David Siegel on Jul 28, 2016 11:40:24 AM

Stock photo of adding machine

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Topics: Florida, White Collar, Finance, Accounting

Ernst & Young Suffers Loss At 1st Trial Over Auditing Of Bernie Madoff Funds

Posted by David Siegel on Nov 15, 2015 3:16:00 PM

Plaintiffs' attorney Steven Thomas read jurors testimony from an Ernst & Young partner during his closing argument. (Click here to see video from the trial.) 

Seattle — 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, finding that the accounting giant was negligent by signing off on audits of billions in assets that didn’t exist.

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Topics: Negligence, Finance, Accounting, FUTURESELECT PORTFOLIO MANAGEMENT V. ERNST & YOUNG

Investors Seek $112M From Ernst & Young At Trial Over Bernie Madoff Losses

Posted by David Siegel on Oct 14, 2015 11:21:00 PM

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Topics: Securities, consumer protection, White Collar, Finance, Accounting