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Third Circuit upholds liability of PricewaterhouseCoopers in Ambassador insolvency
  • Locke Lord LLP
  • USA
  • October 7 2008

The United States Court of Appeals for the Third Circuit recently upheld a $182.9 million judgment against PricewaterhouseCoopers, LLP (“PWC”) for allegedly contributing to the failure of Ambassador Insurance Company (“Ambassador”) through negligent auditing