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Valentino v. KPMG LLP et al
Case Number:
8:13-cv-00022
Court:
Nature of Suit:
Multi Party Litigation:
Class Action
Judge:
Firms
Companies
Sectors & Industries:
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August 19, 2013
KPMG Says Prior Settlement Bars TierOne Shareholder Suit
Accounting giant KPMG LLP and two executives asked a Nebraska federal judge on Friday to ax a proposed class action filed by former shareholders of TierOne Bank over problems in the failed bank's mortgage portfolio, arguing the action is barred by a previous settlement of a suit against TierOne's CEO.
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January 17, 2013
Ex-TierOne Shareholders Sue KPMG Over Faulty Audit
Former TierOne Bank shareholders on Monday hit KPMG LLP and two senior executives at the accounting firm with a proposed class action, alleging that they ignored "red flags" in the failed Nebraska bank's mortgage portfolio that ultimately led to its failure.