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Among other charges, KPMG allegedly obtained illicit data about pending watchdog reviews of its audits.
KPMG, a major auditor serving Wall Street, has settled with the SEC for $50 million over multiple misconduct charges, including the allegation that former employees used “stolen information” from the Public Company Accounting Oversight Board to find out which past audits would be re-visited by the PCAOB. The PCAOB, created via the Sarbanes-Oxley Act of...
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