KPMG Fights For Docs In Fannie Mae Securities Suit

Law360, New York (September 22, 2009, 6:24 PM EDT) -- Fannie Mae's former auditor KPMG LLP has urged a federal judge to enforce a document subpoena on the firm administering a $350 million settlement fund created by the mortgage giant to resolve civil fraud charges, saying the documents have a direct bearing on issues in a multibillion-dollar securities class action.

In a motion to compel filed in the U.S. District Court for the District of Columbia on Monday, the accounting giant said settlement administrator Rust Consulting Inc. had yet to respond to a third-party subpoena for...
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