PwC Settles Warnaco Case

May 2004
Public Accounting Report;5/15/2004, Vol. 28 Issue 9, p2
Reports on the lawsuit filed by finance firm Warnaco Group against accounting firm PricewaterhouseCoopers (PwC) due to an alleged inventory overstatement of PwC showed in the 1998 annual report of Warnaco. Amount of the fine to be paid by PwC to Warnaco; Description of the result of the financial damage done by PwC to Warnaco; Discussion on the decision of the U.S. Security and Exchange Commission on the case.


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