Ex-KPMG Director Settles In Peregrine Case

Law360, New York (February 6, 2008, 12:00 AM EST) -- A former principal and managing director of KPMG Consulting LLC has agreed to pay $80,000 to settle allegations brought by the U.S. Securities and Exchange Commission that he participated in a massive fraud at Peregrine Systems Inc.

Larry A. Rodda and eight others were sued by the SEC in 2004 for participating in an alleged financial fraud orchestrated by senior officers at Peregrine Systems Inc., a San Diego software company that has since been acquired by Hewlett-Packard Company.

Rodda did not admit or deny the allegations....
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