Evergrande liquidators seek billions from PwC; global firm faces Andersen-style risk

Liquidators of China Evergrande are pursuing multi-billion-dollar claims against auditor PwC, alleging negligence in its audits of the developer. The case raises the specter of a systemic threat to the Big Four accounting firms, potentially echoing Arthur Andersen's collapse, though the claim's viability and global impact remain uncertain.