- Defense
- PriceWaterhouseCoopers LLP
The lawsuit was filed in 2013 by a trust established as part of Taylor Bean and Whitaker Mortgage Corp.'s bankruptcy plan. Before being raided by federal agents in 2009 and then declaring bankruptcy, Taylor Bean & Whitaker was one of the largest mortgage lenders in the United States. The trust's lawsuit claims Taylor Bean & Whitaker incurred billions of dollars in debt as a result of PwC - which served as Colonials external auditor - signing off on fraudulent mortgage-related assets that didnt exist.
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Settled
Recording Disclaimer: This proceeding was recorded in full.