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September 27, 2023

flatly erroneous advice

PwC Sued for $1 Billion Over MFGlobal; Accused of ‘Erroneous’ Advice

Well it's a good thing we didn't check out early and head to the bar tonight, the ish just hit the proverbial fan for PwC: The administrator of MF Global Holdings Ltd's bankruptcy plan on Friday sued the auditor PricewaterhouseCoopers for at least $1 billion over its advice on a $6.3 billion European sovereign debt […]