MIAMI -- Accounting giant PricewaterhouseCoopers squared off Tuesday in court with lawyers for a defunct mortgage company's creditors and investors over a $5.5 billion lawsuit that claimed the firm failed through years of audits to uncover fraud at a failed Alabama bank. The estimated $21 billion fraud at Colonial Bank of Montgomery, Ala., was orchestrated by top executives at the shuttered mortgage firm Taylor, Bean and Whitaker of Ocala, Fla. Six Taylor Bean senior executives and...
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