KPMG Off The Hook In Hollinger Scandal

Law360, New York (January 25, 2006, 12:00 AM EST) -- The man who accused ousted Hollinger founder Conrad Black of piloting a “corporate kleptocracy,” has been vaulted into the position of special monitor at the media conglomerate. Meanwhile, the company has decided not to pursue litigation against its auditor KPMG, the company announced this week.

The appointment of Richard Breeden, a former chairman of the United States Securities and Exchange Commission, kicked in after Hollinger Inc., the Canadian parent company of Chicago newspaper publisher Hollinger International Inc., forced two of its own directors onto the U.S....
To view the full article, register now.