There's more than reputation at stake: PwC faces penalties, including possible jail time

By Michael Adams, Professor of Corporate Law & Head UNE Law School, University of New England
Michael William Blissenden, Law Professor, University of New England

What penalties does the consulting giant PricewaterhouseCoopers face for sharing confidential government tax policy information and (in its words) betraying the public’s trust?

At most, there’s possible jail time for the PwC partners who the company says shared the confidential information. There’s also the possibility of fines. But there’s also the possibility of nothing happening. Part of the problem is that what happened involves two different pieces…

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