Sunday, August 21, 2005
KPMG may have more on its hands than just civil law suits (see post here). The LATimes (Reuters) reports here that Mississippi is considering filing "criminal charges" against KPMG. Will other states follow? Should states be allowed to bring cases against national companies for criminal charges where the federal government does not bring the charges? Could a state bring a company down as was done by the federal government in the case of Arthur Andersen? Should this be permitted? Stay tuned.