The Deal Pipeline Quotes Daniel Fetterman on MF Global’s $1 Billion Suit Against PwC

The Deal Pipeline Quotes Daniel Fetterman on MF Global’s $1 Billion Suit Against PwC

Reporting on the $1 billion professional malpractice and negligence lawsuit MF Global filed against PwC last week, The Deal Pipeline quotes Dan Fetterman, counsel representing MF Global, as stating that “This complaint raises significant issues concerning the role of PwC, MF Global's auditors, which, as alleged in the complaint, provided flatly erroneous advice concerning the company's off-balance-sheet accounting for billions of dollars worth of European sovereign debt that caused the company massive damages. This is another step in the plan administrator's vigorous efforts to recover from all parties responsible for the company's damages.” 

To view The Deal Pipeline article, entitled “MF Global sets final distribution,” please click here. (subscription required)