PwC is being sued in Australia by a financial firm that alleges it lost approximately A$27 million ($17 million) because of accounting advice from the Big Four firm.
The legal case, filed in the Supreme Court of Western Australia, comes amid mounting issues for the Australian arm of PwC, also known as PricewaterhouseCoopers LLP, following a tax leak scandal.
Pioneer Credit Limited said in a stock exchange release Tuesday that it was suing PwC “for negligence, breach of retainer, and misleading or deceptive conduct.”
The Australian financial services provider claims that it lost approximately A$27 million when PwC reversed ...
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