PS&Co. settles fraud suit San Antonio accounting firm Padgett Stratemann & Co. LLP has settled a lawsuit that accused the firm of fraud and gross negligence in the auditing of a now-defunct security company. San Antonio's FAS Interests LLC had sued PS&Co. for up to $5 million in actual damages and unspecified punitive damages for the auditing of MDI Inc.'s financial statements in 2007 and 2008. At one time, MDI's clients ...
Sept. 12, 2013 - San Antonio Express-News