Wednesday, January 20, 2016

Freddie Mac settles with Deloitte in $1.3 billion suit over Taylor, Bean & Whitaker

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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