PricewaterhouseCoopers and Crowe Horwath have been sued over their audits of Colonial Bancgroup by the bankrupt bank’s trustee.

The bank, formerly headquartered in Montgomery, Ala., failed in 2009 after it disclosed that it had bought over $1 billion in troubled mortgages from the mortgage-lending firm Taylor Bean & Whitaker that Taylor Bean did not actually own. The bank’s deposits were subsequently sold to BB&T Corp. by the Federal Deposit Insurance Corp.

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