Defamation and First Amendment Litigation - Rogers v. Rogers: $1.8M jury verdict for Instagram Defamation Mullin Hoard & Brown attorneys David Mullin and Richard Biggs represented an Amarillo-based real estate...
Read More
White Collar Defense - State v. Richardson: NOT GUILTY Mullin Hoard & Brown attorneys David Mullin and Richard Biggs represented former Randall County Sheriff Joel Richardson in the highest...
Read More
Press Release Media contact: David Barr (202) 898-6992 dbarr@fdic.gov FDIC Settles With PricewaterhouseCoopers LLP on Audits of a Failed Bank The Federal Deposit Insurance Corporation as Receiver for Colonial Bank (FDIC) has announced a $335 million settlement with PricewaterhouseCoopers LLP (PwC) related to professional negligence claims brought by the FDIC against PwC arising out of the audits of the…
A federal judge has given the Federal Deposit Insurance Corp. a big win against PricewaterhouseCoopers, a decision that could cost the auditor more than $1 billion in damages and finally put auditors on the hook for detecting fraud. It’s a new responsibility that these firms have traditionally argued is not the point of an audit. On Dec. 28, U.S. District…
8th Circ. Affirms Breached Billing Contract By Jacob Fischler Editing by Emily Kokoll. All Content © 2003-2017, Portfolio Media, Inc. Law360, Washington (July 17, 2015, 7:57 PM EDT) — The Eighth Circuit ruled Friday that an Iowa federal judge was correct to find that two cellphone service providers owed $260,000 in damages to a former billing contractor, saying the sides’…
By Emily Field Editing by Bruce Goldman. All Content © 2003-2017, Portfolio Media, Inc Law360, Los Angeles (March 18, 2016, 11:29 PM EDT) — A Georgia federal judge on Friday ruled that Federal Insurance Co. and Westchester Fire Insurance Co. must cover the Federal Deposit Insurance Corp.’s $71 million lawsuit accusing former executives of now-insolvent Silverton Bank NA of breaching…
9/13/16 REUTERS LEGAL 10:00:01 REUTERS LEGAL Copyright (c) 2016 Thomson Reuters This article is reprinted from Reuters Legal News on Westlaw with permission of Thomson Reuters. September 13, 2016 Dena Aubin (Reuters) – Accounting firm Crowe Horwath must face claims by the Federal Deposit Insurance Corp that it negligently failed to detect a fraud that led to at least $1 billion…
By Matt Sharp Additional reporting by Jonathan Randles and Stewart Bishop. Editing by Christine Chun. All Content © 2003-2016, Portfolio Media, Inc. Law360, New York (July 2, 2015, 3:23 PM ET) — A New York appeals court on Thursday rejected Proskauer Rose LLP’s bid to dodge a malpractice suit alleging that faulty legal advice triggered a more than $255 million…
By Dan Rivoli Editing by Andrew Park. All Content © 2003-2016, Portfolio Media, Inc. Law360, New York (August 24, 2011, 6:25 PM ET) — Two former First National Bank of Arizona officers “sacrificed safety and soundness” when they marketed risky mortgage loans that returned record profits but ultimately caused the bank to fail, the Federal Deposit Insurance Corp. said Tuesday…