Pricewaterhouse Coopers LLP Client list Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Pricewaterhouse Coopers LLP Client list

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext

To: Patricia who started this subject	6/28/2002 10:54:05 AM
From: Patricia	Read Replies (1) of 9

Emcore (EMKR) Thursday November 18, 8:14 pm Eastern Time FOCUS-EMCORE sues PricewaterhouseCoopers (Adds comment from PricewaterhouseCoopers) NEW YORK, Nov 18 (Reuters) - EMCORE Corp. (NasdaqNM:EMKR - news) said on Thursday the company filed a multimillion dollar lawsuit against accounting firm PricewaterhouseCoopers LLP for violating rules which bar accountants from owning shares in companies they audit. EMCORE's law firm Kasowitz, Benson, Torres & Friedman LLP said the suit claims that some PricewaterhouseCoopers partners, including Chief Executive James Schiro, owned about 140,000 shares of EMCORE during an audit of the company in preparation for an offering to raise $75 million. PricewaterhouseCoopers spokesman David Nestor said EMCORE's suit was baseless and the accounting firm intended to fight it. ``We think it is without substance and without merit.'' EMCORE's shares were up 1/2 at 14-5/8 in Thursday afternoon trading on the Nasdaq stock market. agaphil.com

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Next 10PreviousNext