Ex-KPMG Auditors Lose Bid For SEC Evidence

Law360 (August 20, 2018, 6:36 PM EDT) -- A group of former and would-be KPMG auditors on Friday lost a bid to make prosecutors search the U.S. Securities and Exchange Commission’s files for evidence that might weigh against criminal charges that they ran a jobs-for-intel scheme aimed at an accounting regulator.

Ex-KPMG partners David Britt, David Middendorf and Thomas Whittle are accused of trading jobs at the Big Four auditor for inside information on the the Public Company Accounting Oversight Board's plans to inspect particular audits. Former PCAOB staffers Jeff Wada and Cynthia Holder are accused of taking the bait. Their ex-colleague Robert Sweet pled guilty and is cooperating...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!