PwC Issues Statement

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Mar 06, 2015, 03:21 ET

LOS ANGELES, March 6, 2015 /PRNewswire/ -- From Daniel J. Thomasch, Gibson, Dunn & Crutcher LLP, outside counsel for PwC:

"Today's announcement is a transparent attempt by LADWP to shift blame away from the Department for its self-inflicted billing problems. The facts make clear that the announced litigation is meritless: LADWP acknowledged in writing last year that PwC fulfilled each one of its contractual obligations and paid PwC in full. We will defend PwC's excellent work and this case vigorously."

© 2015 PricewaterhouseCoopers LLP, a Delaware limited liability partnership. All rights reserved. PwC refers to the US member firm, and may sometimes refer to the PwC network. Each member firm is a separate legal entity. Please see www.pwc.com/structure for further details.

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SOURCE PwC