Deloitte & Touche Defends Litigation and Administrative Proceedings Involving Federal Regulators

Deloitte & Touche LLP defended litigation and administrative proceedings involving the Federal Deposit Insurance Corporation (FDIC) and the Office of the Comptroller of the Currency (OCC) related to loss reserve issues during Deloitte’s audits of a failed bank. The regulators ultimately took no action against Deloitte. Our firm represented the professional services company in connection with litigation and proceedings.