PwC faces lawsuit from investors of former Brazilian client accused of fraud
A group of 193 minority shareholders, assisted by an investors’ association, has filed a claim for damages against the audit firm PwC. They accuse the consultancy of having been “silent” when reviewing the balance sheets of IRB, a Brazilian state-controlled reinsurance company whose shares plummeted from BRL 44 to BRL 1 between 2019 and 2022, […]
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