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Corporate

Mar. 23, 2006

State High Court Will Hear Auditor Liability Case

SAN FRANCISCO - The California Supreme Court unanimously agreed Wednesday to decide whether the auditor PricewaterhousCoopers is liable for aiding and abetting fraud after failing to inform investors that a mortgage company they invested in might have been engaged in fraud.

By Itir Yakar
Daily Journal Staff Writer
        The California Supreme Court unanimously agreed Wednesday to decide whether the auditor PricewaterhousCoopers is liable for aiding and abetting fraud after failing to inform investors that a mortgage company they invested in might have been engaged in fraud.
        A group of investors...

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