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Bankrupt MF Global Sues PwC Over 'Professional Malpractice'
Saturday March 29th 2014, 5:05 am Filed under Malpractice lawsuit

Business consultant PricewaterhouseCoopers (PwC) has been sued by the administrator of brokerage MF Global Holdings over advice that allegedly hastened the company's 2011 collapse. The administrator is demanding at least $1bn (€728m, £601m) in damages from PwC over its advice on a $6.3bn European sovereign debt, according to a lawsuit filed in a US District Court in Manhattan. PwC was accused of ... [News Source]