PwC to Pay $55 Million to Settle Madoff-Related Lawsuit – from The Wall Street Journal
Investors had accused PwC of negligence in auditing Madoff feeder fund By Jacqueline Palank Follow Jan. 7, 2016 4:55 pm ET PricewaterhouseCoopers agreed to pay $55 million to settle a class-action lawsuit accusing it of misleading investors in feeder funds that funneled their cash to Bernard Madoff. The cash deal, filed Wednesday in a Manhattan federal court, … Read More
