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KPMG Partners Settle Xerox Charges

The settlements, which include the largest penalties ever imposed on individual auditors, 'reflect the seriousness with which the SEC regards the responsibilities of gatekeepers.'

> > The SEC announced Wednesday that all four remaining defendants in the case against them and KPMG LLP, regarding earnings manipulation at Xerox Corp., have agreed to settle with the commission.
Source: CFO


Published:2006-02-28
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