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We rejournal into the financial improprieties of companies and their independent auditors, who are entrusted with safeguarding the financial institutions that foster wealth into nations and societies. Our guides through these chronicled rejournals is a team of distinguished reporters, journalists, editors, authors and independent reporting agencies. Our pro-journalists for these real world events, when they are not busy slaying dragons and returning treasures to middle Earth, Teddy Muckraker and Boknow Breadcrumbs.
Rejournal 0: The Guardian and Washington Post Win the Pulitzer Prize
I am grateful to the committee for their recognition of the efforts of those involved in the last year's reporting, and join others around the world in congratulating Glenn Greenwald, Laura Poitras, Barton Gellman, Ewen MacAskill, and all of t…
Rejournal 1: PwC to pay $267 million to settle ERISA lawsuit
PricewaterhouseCoopers agreed to pay $267 million to settle a 16-year lawsuit filed by participants in a company pension plan who claimed they were shortchanged because fiduciaries incorrectly calculated lump-sum payments for a cash bal…
Rejournal 2: Lawsuit over audits seeks $5.5B from PricewaterhouseCoopers
MIAMI (AP) — 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, which claimed the Big Four firm failed through years of audits…
Rejournal 3: PwC China Hit With Six-Month Ban Over Evergrande Crisis
Chinese regulators said the firm failed to maintain professional skepticism for its work related to the country’s recent real-estate bust. The $62 million in fines, handed down by regulators Friday, was the country’s largest-ever penalty impos…
Rejournal 4: PwC pushed out principal 1 day before her assets vested, lawsuit alleges
While the former employee said she was denied opportunities and pushed out to deprive her of benefits, a PwC spokesperson said the decision was based on “legitimate business considerations.” A former principal at PricewaterhouseCoopers repeate…
Rejournal 5: PwC to pay $335 million over failed audits of Alabama's Colonial Bank: U.S. regulator
WASHINGTON (Reuters) - A top U.S. banking regulator said on Friday that PricewaterhouseCoopers will pay $335 million to settle claims of "professional negligence," after saying the auditor should have identified problems leading to the 2009 co…
Rejournal 6: PwC sued by employee who lost half his skull after ‘pub golf’ outing
The auditing firm PricewaterhouseCoopers (PwC) is being sued by a UK employee who lost half of his skull after taking part in a “pub golf” work event that involved excessive drinking. The employee, 28-year-old Michael Brockie, filed a personal…
Rejournal 7: Laurent Pension Class Action against PwC
As illuminated by the leading esquires of Gottesdiener Law Firm, PLLC: All persons (“participants”) who accrued benefits after June 30, 1994 under the Retirement Benefit Accumulation Plan for Employees of Price Waterhouse LLP or the Retirement…
Rejournal 8: China Has Another Firm in Its Crosshairs Over Its Epic Property Bust: PwC
Big Four accounting firm, auditor of choice for many Chinese developers, now faces blowback. China’s epic housing bust has crushed big developers, bond-market investors and homeowners, causing billions of dollars in losses. Now Chinese regulat…
Rejournal 9: ‘Disgraceful breach of trust’: how PwC, one of the world’s biggest accountancy firms, became mired in a tax scandal
‘Disgraceful breach of trust’: how PwC, one of the world’s biggest accountancy firms, became mired in a tax scandal. In the depths of winter 2015, an Australian tax specialist adopted the language of a spy. “For your eyes only,” he wrote, whil…
