<p>A trust overseeing the bankruptcy of Taylor, Bean & Whitaker Mortgage Corp, or TBW, and one of the company’s subsidiaries filed complaints in a Miami Circuit Court claiming a combined $7.6 billion in losses.<br /><br />Deloitte “certified TBW as a solvent, viable company with accurate financial statements every year from 2001 to 2008,” one of the complaints said.<br /><br />“Despite Deloitte’s credentials and expertise as one of the ‘Big 4’ accounting firms, those statements — and the rosy picture they depicted of TBW — were completely false,” it said. Deloitte spokesman Jonathan Gandal said the “claims are utterly without merit.” <br /></p>
<p>A trust overseeing the bankruptcy of Taylor, Bean & Whitaker Mortgage Corp, or TBW, and one of the company’s subsidiaries filed complaints in a Miami Circuit Court claiming a combined $7.6 billion in losses.<br /><br />Deloitte “certified TBW as a solvent, viable company with accurate financial statements every year from 2001 to 2008,” one of the complaints said.<br /><br />“Despite Deloitte’s credentials and expertise as one of the ‘Big 4’ accounting firms, those statements — and the rosy picture they depicted of TBW — were completely false,” it said. Deloitte spokesman Jonathan Gandal said the “claims are utterly without merit.” <br /></p>