MF Global Holdings LTD. v. Pricewaterhousecoopers L.L.P.

  1. March 23, 2017

    MF Global, PwC Settle $2B Malpractice Claim

    MF Global and PricewaterhouseCoopers have settled a $2 billion professional malpractice case in New York federal court to the "mutual satisfaction of the parties," the litigants said Thursday.

  2. March 20, 2017

    PwC Calls Jury Primer 'Finger On The Scale' In $2B Suit

    A New York federal judge told the parties in MF Global's $2 billion professional malpractice suit against PricewaterhouseCoopers that he would develop a primer to explain the complex evidence issues to the jury despite the assertion by PwC's attorney that it would put a "finger on the scale" in favor of the investment house.

  3. March 16, 2017

    Judge Says Jury In $2B PwC Malpractice Row 'Confused'

    The New York federal judge presiding at MF Global's $2 billion professional malpractice suit against accounting giant PricewaterhouseCoopers on Thursday suggested that jurors in the case are probably "enormously confused" by the testimony and suggested the jury be given a primer on the evidence they've seen so far.

  4. March 15, 2017

    PwC Fails To Kill MF Global's 'New Theory' In $2B Trial

    MF Global scored a small victory Wednesday in its $2 billion malpractice suit against PricewaterhouseCoopers as a New York federal court shot down PwC's bid to prevent the bankrupt investment firm from advancing a "new theory" about how its services allegedly led to MF Global's bankruptcy at trial, saying PwC should've been ready for that move.

  5. March 14, 2017

    Too Late For PwC To Object To 'New' Theory, MF Global Says

    PricewaterhouseCoopers is looking for a do-over of trial's first week while attempting to prevent MF Global from arguing true, admissible and already admitted facts in its $2 billion malpractice suit against the auditing giant, the bankrupt investment firm told a New York federal court Tuesday.

  6. March 13, 2017

    PwC Wants New Theory Out Of $2B Malpractice Battle

    A New York federal judge on Monday gave MF Global 24 hours to respond to a motion by PricewaterhouseCoopers that accuses the bankrupt investment firm of "trial by ambush" and demands that MF Global be barred from using a new theory of causation in the $2 billion professional malpractice suit against the accounting titan.

  7. March 10, 2017

    Corzine Takes A Few Hits In $2B PwC Malpractice Scrap

    Jon S. Corzine, the former CEO of the now-defunct MF Global, was at the receiving end of a couple of sharp jabs just before the bell on Friday as he testified in a New York federal court in a $2 billion malpractice suit against PricewaterhouseCoopers, admitting none of the reasons Moody's downgraded MF Global's rating was the auditors' fault.

  8. March 10, 2017

    Corzine Stands By Bond Bet Prior To MF Global's Collapse

    Jon S. Corzine, the former New Jersey governor and U.S. senator who presided over the demise of MF Global, told a New York federal jury hearing a $2 billion malpractice suit against PricewaterhouseCoopers Thursday that the investment firm never lost money on the $6.3 billion in European sovereign bonds long blamed for its collapse.

  9. March 08, 2017

    MF Global Expert Relied On Old Rule In $2B PwC Fight

    MF Global's expert witness in its $2 billion professional malpractice lawsuit against PricewaterhouseCoopers LLP said in cross-examination in New York federal court on Wednesday he relied on an old rule when he testified earlier that repurchased bonds must be listed on a balance sheet if the company could get an economic benefit from them.

  10. March 07, 2017

    MF Global Tells Jury $2B PwC Botch Killed The Company

    PricewaterhouseCoopers had one job to do and botched it, destroying the credibility of MF Global in the marketplace, killing the company and causing $2 billion in damages, the bankrupt investment firm alleged Tuesday in opening arguments in New York federal court.