Ezra Charitable Trust, et al. v. Tyco International, Ltd., et al. (including PricewaterhouseCoopers, LLP)-2005-09-02
A brief excerpt from the memorandum and order by United States District Judge Paul Barbadoro: PwC, which served as Tyco’s accountant and one of its consultants, performed an audit of Tyco’s disclosures and included its endorsement of the Form 10-K as an ad…
Ezra Charitable Trust, et al. v. Tyco International, Ltd., et al. (including PricewaterhouseCoopers, LLP)-2006-09-27
A brief excerpt from the memorandum and order by United States Circuit Judges Bruce M. Selya, Kermit V. Lipez, and Jeffrey R. Howard: Plaintiffs emphasize the following allegations as demonstrating PwC's scienter: (1) that the initial restatement of the ADT books in 2002 w…
FDIC v. PricewaterhouseCoopers LLP, et al.
A brief excerpt from the memorandum and order by Chief United States District Judge Keith Watkins: The Federal Deposit Insurance Corporation (“FDIC”) stepped in as receiver for Colonial upon its failure. In its capacity as receiver for Colonial, the FDIC has brought suit a…
Laurent v. PricewaterhouseCoopers LLP, et al.-2014-06-26
A brief excerpt from the memorandum and order by United States District Judge J. Paul Oetken: This case involves claims against Defendant PricewaterhouseCoopers (“PWC”) under the Employee Retirement Income Security Act of 1974, 29 U.S.C. § 1001, et. seq. (“ERISA”). Plainti…
Los Angeles v. PricewaterhouseCoopers, LLP
A brief excerpt from the opinion of Justice Kruger and agreement of the Court's Chief Justice and Justices: In 2010, the City of Los Angeles contracted with PricewaterhouseCoopers (PwC) to modernize the billing system for the City’s Department of Water and Power (LADWP). T…