Sidley Cites Statute Of Limitations In KPMG Case

Law360, New York (August 30, 2007, 12:00 AM EDT) -- Sidley Austin LLP urged a court to dismiss accusations that it violated federal securities law by inducing the plaintiff to invest in an allegedly fraudulent tax shelter run by KPMG LLC.

The Chicago-centered firm Wednesday filed a motion to dismiss Edward H. Arnold's third amended complaint in the U.S. District Court for the Southern District of New York, arguing that claims of securities fraud, breach of contract, breach of fiduciary duty, legal malpractice and unjust enrichment are all barred by the appropriate statutes of limitations....
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