Monday, July 24, 2006

In the News: The Latest Twist in the KPMG Case

Like any good summer blockbuster, the thrills just keep on coming in the KPMG case. Previously, Judge Kaplan ruled that prosecutors had gone to too far by demanding that KPMG cut off legal fees for the 17 defendants in the case if it wished to be deemed "cooperative." Kaplan went so far as to urge the defendants to sue KPMG for said legal fees...and they did. Now, three of the defendants are seeking to suppress proffer statements they made to prosecutors, arguing that they would have never met with prosecutors had the legal fees issue not been hanging over their heads. Kaplan has yet to rule.

Read all about it on today.

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