Saturday, October 1, 2005

KPMG & Sidley Austin

Not long ago, KPMG was reaching a settlement with DOJ with an agreement to pay $ 456 million. The next step is to settle with investors, and we see that happening now.  CNN Money (Reuters) reports here that both "KPMG and Sidley Austin have agreed to pay $ 195 million to investors."  In the case of KPMG this is a clear indication of a desire to get everything behind them.

(esp)

http://lawprofessors.typepad.com/whitecollarcrime_blog/2005/10/kpmg_sidley_aus.html

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