In Pari Delicto: Were Pricewaterhouse and MF Global Equally at Fault for Botched European Investments?
July 28, 2014
In a decision this month to partially reject PricewaterhouseCoopers LLP’s motion to dismiss a $1 billion lawsuit filed by MF Global, U.S. District Court Judge Victor Marrero found that simply relying on auditor PwC’s erroneous financial guidance in pursuit of MF Global’s ill-advised foreign transactions is not enough to trigger the “in pari delicto” doctrine.
Expert in Corporate Governance of Stock Repurchase Plan
An expert in corporate governance of stock repurchase plans was needed in a dispute alleging breach of contract, breach of fiduciary duty, and fraud in connection with the duty of care owed by a corporate board of directors in approval of a sharehold