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Auditors Face Suit But Not Interest In $2B Bank Failure Row

By Jack Newsham ( July 14, 2017, 10:43 PM EDT) -- An Alabama federal judge ruled Friday that auditors PricewaterhouseCoopers LLP and Crowe Horwath LLP must face a $2.2 billion lawsuit by regulators who say the watchdog overlooked a mortgage fraud scheme that brought down Colonial BancGroup Inc., but said the damages are too complicated to apply interest....

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