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KPMG Sued for $1 Billion Over New Century Meltdown

Two separate lawsuits were filed yesterday against Netherlands-based Big Four accounting giant, KPMG International, and its U.S. subsidiary, KPMG LLP, alleging that KPMG conducted “reckless and grossly...

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New Century Debtors’ Complaints Against KPMG Now Available

The two complaints filed April 1 against KPMG, one against the U.S. arm of the Big Four accounting firm in federal court in Los Angeles and the other in federal court in New York against its parent,...

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Latest Gatekeeper Litigation: City of San Buenaventura Sues Deloitte Over...

Following on the heels of the lawsuits against KPMG by New Century’s debtors for contributing to the collapse of the mortgage giant, accounting firm Deloitte & Touche (D&T) and the officers and...

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