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PwC accused of leak during UK deal talks

Michael O'Dwyer

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London | PwC has been accused of a “shocking breach” of its professional duties in a £63 million ($110 million) lawsuit by its former client Quindell, which alleged that the big four consultancy disadvantaged it during deal negotiations by leaking confidential information.

Quindell, once valued at £2.7 billion, alleged that a senior PwC partner had divulged commercially sensitive information about its financial position and deal strategy to an investment banker in 2015.

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    Original URL: https://www.afr.com/companies/financial-services/pwc-accused-of-uk-leak-during-quindell-deal-talks-20230127-p5cfyj