PwC must face $1 billion lawsuit over MF Global advice #GATCA

A federal judge on Wednesday ordered PricewaterhouseCoopers to face a $1 billion lawsuit claiming that its bad accounting advice was a substantial cause of the October 2011 bankruptcy of MF Global Holdings Ltd, a brokerage run by former New Jersey Governor Jon Corzine.

via International Financial Law Prof Blog http://bit.ly/1uemRGy