Items Tagged with 'Deloitte & Touche'

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  • Deloitte & Touche to pay $149.5 million in settlement over Taylor, Bean & Whitaker

    The ghosts of the past resurface again
    Deloitte & Touche will pay $149.5 million to the federal government as part of a settlement over its role in the spectacular collapse of Taylor, Bean & Whitaker, which was one of the country’s largest mortgage lenders. The government alleged that Deloitte failed in its duties as TBW’s auditor from 2002 to 2008.
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  • Freddie Mac settles with Deloitte in $1.3 billion suit over Taylor, Bean & Whitaker

    Is this long, bloody era finally over?
    The court battle between Freddie Mac and Deloitte & Touche over allegations of fraud involving the spectacular collapse of Taylor, Bean & Whitaker is now over after the two sides agreed to dismiss Freddie Mac’s $1.3 billion lawsuit against Deloitte. Freddie Mac initially sued Deloitte & Touche in 2014, accusing Deloitte of "gross negligence" in its auditing of TBW.
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