July 16, 2018

it’s not our fault you guys are idiots

PwC Defends Itself Against “Baseless” MF Global Suit Using MF Global’s Own Stupidity

PwC was recently dealt a blow when U.S. District Judge Victor Marrero stated: “[u]nder PwC’s reasoning, the in pari delicto doctrine would insulate an auditor from liability whenever a company pursues a failed investment strategy after receiving wrongful advice from an accountant. Such a broad reading of the doctrine would effectively put an end to […]