FDIC Hits Colonial Bank Auditors With $1B Negligence Suit

By Carolina Bolado · November 2, 2012, 10:19 PM EDT

The Federal Deposit Insurance Corp. on Wednesday sued Colonial Bank's former auditors PricewaterhouseCoopers LLP and Crowe Horwath LLP for the $1 billion that the now-defunct bank lost in the Taylor Bean...

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