Law360, New York (July 13, 2009) -- Neither KPMG LLP's competitors nor its clients pleaded a concrete injury, a federal appeals court has ruled, affirming the dismissal of two putative class actions accusing the accounting giant of unfair competition, fraud and conspiracy over a Texas ex-partner's credentials.
Friday's ruling, in the U.S. Court of Appeals for the Fifth Circuit, held that the competitors' claims of injury were too speculative and the clients failed to plead an actual...
