July 15, 2018

Lawsuits

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Judge Tosses Accountant’s Suit Claiming Bar Discriminated Against Him for Wearing MAGA Hat

Not a miter. Not even close. Last year we shared the story of Greg Piatek, a Deloitte senior manager who sued The Happiest Hour, a bar in New York’s West Village that he claims kicked him out over his “MAKE AMERICA GREAT AGAIN” hat. On Wednesday, a judge threw out Piatek’s lawsuit, but not before […]

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Talking About Race, Mega Lawsuits, That Oscars Screw-up and More: A Conversation With PwC’s Tim Ryan

Most people would look at the year PwC Chairman and Senior Partner Tim Ryan has had and think, “That’s rough.” After two killings of black men by police officers and the killing of 5 Dallas police officers last summer, Ryan told Fortune in February that he scrapped his plans and, “got the team together and […]

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MF Global Not Amused By PwC’s Threats for a Mistrial

Yesterday, PwC asked the judge in its court battle with MF Global to prohibit the use of a “new theory of causation” or to declare a mistrial. PwC filed the motion at midnight on Monday, so you can’t blame the plaintiffs if they felt caught off guard. Dan Fetterman, the lead attorney for the plaintiffs […]

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Is PwC on the Ropes in the MF Global Trial?

How are you, PwC? Week 2 in the trial between MF Global and PwC started off interestingly enough: PwC wants the judge to consider declaring a mistrial. The reason? The firm’s lawyers claim that the plaintiffs have “changed its theory of why the brokerage failed” calling it a “trial by ambush.” MF Global’s attorneys see […]

PwC Has Had Enough Courtroom Fun

PwC is settling the lawsuit brought by the bankruptcy trustee of mortgage behemoth Taylor, Bean & Whitaker, putting speculation to rest that a verdict in the $5.5 billion lawsuit for the plaintiff could be the beginning of the end for the firm.

PwC Defense Attorney Putting a Lot of Faith in a Florida Jury

Starting Monday, PwC will go trial in Florida over a financial crisis-era case. The plaintiff is the bankruptcy trustee for Taylor Bean and Whitaker Mortgage Corp, who is seeking $5.5 billion in damages, claiming that "PwC was negligent in not detecting a massive fraud scheme that brought down Taylor Bean and helped trigger the 2009 […]

Grant Thornton Not Gonna Let Some Rich Guy Drag Its Good Name Through the Mud and Get Away With It

You wanna get nuts? Come on, let's get nuts! Grant Thornton has filed a counter-claim against Vincent Tchenguiz for defamation after the property entrepreneur sued the accounting firm for £2.2bn and accused it of a conspiracy.  In documents filed at the London High Court on Tuesday, Grant Thornton denied Mr Tchenguiz’s claims and said it […]

Plaintiff Who Filed Gender Discrimination Suit Responds to KPMG’s Women’s Leadership Campaign

Back in 2011, a former KPMG Senior Manager named Donna Kassman filed a $350 million class action lawsuit against the firm alleging "relentless gender discrimination and harassment." In addition, she claimed that despite speaking up, "the Company had no interest in remedying the situation." Since the story broke, we've followed developments including that 9,000 women […]

The Aftermath of the Ex-PwC Employee Who Got Fired After a Dispute with Comcast Is About What You’d Expect

Last October we learned that a PwC fired an employee named Canal O'Rourke for violating the firm's "ethics standards." This violation came about after O'Rourke became understandably agitated over his Comcast bill and the company's failure to rectify the situation. BEEN THERE. At some point, Mr. O'Rourke reached Comcast's Chief Accounting Officer, Larry Salva. O'Rourke started […]

Nearly 900 Female KPMG Employees Have Joined the Gender Discrimination Lawsuit

As you may remember, in October of last year, 9,000 female Klynveldians were welcomed to join the class action lawsuit brought against KPMG in 2011 by former senior manager Donna Kassman. The suit alleges "systemic discrimination in pay and promotion, discrimination based on pregnancy, and chronic failure to properly investigate and resolve complaints of discrimination and […]