March 19, 1999 |
A couple of years ago, Greg Garrison found himself face to face with John Travolta during rehearsals for the Academy Awards broadcast, when the actor began teasing him. "You're the guy from Pricewaterhouse?" Garrison recalls Travolta asking him. "You should be back there recounting. Did you see 'Get Shorty'? I was really good in that. I should have been nominated." "You were really good in that," Garrison responded, adding with authority, "But you weren't nominated." If anyone knows, he does.
July 16, 1998 |
Two Medieval Times franchises have filed a lawsuit against Coopers & Lybrand LLP, claiming that the accounting firm gave professional advice that forced the themed restaurants into bankruptcy. In the lawsuit, filed Monday in Orange County Superior Court, Medieval Dinner & Tournament Inc. of Buena Park, and Medieval Show Inc. of Florida claim federal and state tax authorities assessed more than $90 million in taxes and penalties against the franchises as a result of Coopers & Lybrand's advice.
CALIFORNIA | LOCAL
June 12, 1998 |
It was enough to make a postmaster downright cocky. Rankings released Thursday showed San Fernando Valley post offices tied for the fastest in the nation in delivery of first-class mail. Celebrating with nearly 100 postal employees, Van Nuys district Postmaster Woody DeWitt issued his customers a challenge: "Test us, just as Price Waterhouse challenges us every quarter."
May 29, 1998 |
Executives at Price Waterhouse in Colombia bought $545,000 in laundered U.S. dollars on the black market, apparently aware that the money came from drug sales, according to a government affidavit obtained by The Times. Federal prosecutors have seized $156,607 of that amount from a Price Waterhouse account at the Bank of Boston International branch in New York to which the laundered money was allegedly wired.
January 25, 1998 |
Three D Departments Inc., parent of the Three D Bed and Bath chain, said Friday that it dismissed Price Waterhouse LLP as its auditor and hired BDO Seidman LLP. Three D chief financial officer Steven R. Kerkstra said the move was part of the company's "expense reduction program." Three D said in a Securities and Exchange Commission filing that Price's audits the past two years contained no adverse opinions and that there were no disagreements over accounting issues that led to Price's
September 19, 1997 |
Coopers & Lybrand and Price Waterhouse said they plan to merge to create the world's largest accounting and consulting firm. The combination would vault Price Waterhouse and Coopers ahead of industry leader Arthur Andersen Worldwide, and second-ranked Ernst & Young, and whittle the so-called Big Six accounting firms down to five.