Failed brokerage MF Global Holdings Ltd. and accounting firm pricewaterhousecoopers llp have settled their high-profile accounting-malpractice lawsuit in which the brokerage contended bad advice.
The Corpse Of MF Global Says PwC Should Pay $3 Billion For Bad Advice The expected five-week trial is the last major piece of litigation to recover money for MF global creditors. pwc in April 2015 reached a separate million settlement with MF Global investors.
PwC must face $1 billion MF Global malpractice lawsuit: U.S. judge. open questions concerning whether PwC’s alleged bad accounting advice was a substantial cause of MF Global’s rapid demise.
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Jurors in Manhattan federal court are considering whether PwC should pay roughly $3 billion for its alleged negligence in causing MF Global’s October 2011 bankruptcy.
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Seven months since MF Global filed for bankruptcy, here is what is known about the brokerage firm’s customers and what happened to .6 billion worth of their missing money.
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It is understood that the attendees were portfolio managers for hedge funds that pay. Global Commission on Drug Policy. Clegg has racked up the earnings since he quit as leader of the Lib Dems.
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