9 Months For Ex-Accountant Who Leaked Secrets To KPMG

Law360, New York (October 11, 2019, 2:58 PM EDT) -- A Manhattan federal judge hit former Public Company Accounting Oversight Board accountant Jeffrey Wada with nine months in prison Friday for passing inspection secrets from the financial watchdog to KPMG, calling him a “crucial” component of an illegal scheme that led to six convictions.

U.S. District Judge J. Paul Oetken also put the 44-year-old California man on the hook for restitution in an amount to be determined later but allowed Wada to remain free while he appeals his conviction.

“The criminal conduct here was serious,” said Judge Oekten, who has put the financial damage sustained by the quasi-official PCAOB at $830,000...

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!

TRY LAW360 FREE FOR SEVEN DAYS