October 29, 2018
A former KPMG partner on Monday copped to his role in an alleged scheme to funnel inside information about the Public Company Accounting Oversight Board's plans to inspect particular audits to top KPMG accountants.
October 16, 2018
A public accountant admitted in New York federal court on Tuesday that she used her role at the nation's independent audit watchdog to tip KPMG LLP about plans to double-check its work, then continued to solicit inspection plans after taking an executive position at the Big Four audit firm.
August 20, 2018
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.
August 01, 2018
Five people accused of using secret information from the Public Company Accounting Oversight Board to help KPMG LLP ace its examinations were given four more months to plot their defense Wednesday after they complained about the complexity of the evidence.
July 17, 2018
A New York federal judge refused Tuesday to dismiss the wire fraud and conspiracy counts in an indictment against two former members of the Public Company Accounting Oversight Board and three former top KPMG executives, finding the government's allegations to be sufficient at this time.
June 11, 2018
A former audit partner at KPMG LLP has asked a Brooklyn federal judge to make prosecutors look for exculpatory evidence in files belonging to the U.S. Securities and Exchange Commission and an accounting oversight group, saying both were essentially part of the prosecution team.
May 31, 2018
A Manhattan federal judge hearing a criminal case against former KPMG and Public Company Accounting Oversight Board officials who allegedly leaked the board's audit inspection plans so that KPMG could bulletproof its work asked both sides at a Thursday hearing about possible tension between the charges of conspiracy and wire fraud and in arguments to dismiss them.
April 03, 2018
Three former employees of accounting giant KPMG who are accused of recruiting employees from the Public Company Accounting Oversight Board and pumping them for information on the regulator's confidential inspection plans told a New York federal court Tuesday that KPMG is paying the trio's legal fees.
January 23, 2018
The Public Company Accounting Oversight Board and KPMG have suffered significant blows to their credibility stemming from criminal charges levied Monday that former employees of the audit watchdog gave stolen confidential information to high-placed accountants at the Big Four firm, experts said Tuesday.
January 22, 2018
Federal prosecutors in New York on Monday charged three former members of the Public Company Accounting Oversight Board and three former top executives at accounting giant KPMG in an alleged scheme to use stolen confidential information to help KPMG obtain better results on audits conducted by the regulatory board.