Vitesse Files Lawsuit Against Auditing Firm KPMG Alleging Professional Malpractice
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Vitesse Semiconductor Corporation (Pink Sheets:VTSS) today announced it  has filed a lawsuit in the Superior Court for the County of Los Angeles  against auditing firm KPMG, LLP alleging KPMG failed to properly provide  auditing and other services to Vitesse during the time period 1994 to  2000.
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Today, Robert Weiss, a seasoned mass torts litigation attorney, who has devoted his career to the pursuit of justice for the middle class, has filed a billion dollar class action suit Monday morning at the Los Angeles Superior Court against five leading manufacturers of baby bottles.
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A class-action lawsuit accuses Fidelity National and Certegy Check Services of negligence, invasion of privacy and breach of implied contract in connection with a breach that exposed personal data of 8.5 million consumers.
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NEW YORK (Dow Jones/AP) _ The New York state comptroller sued Merck &amp; Co., claiming the drug maker hid certain risks associated with the painkiller Vioxx.
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MILAN, Aug 18  - Parmalat sued its former auditors Deloitte &amp; Touche and Grant Thornton on Wednesday, broadening a legal battle to claw back billions of euros from ex-allies the food group says helped drive it into ...
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Accounting firm KPMG will pay $10  million to settle charges of improper professional conduct  while acting as auditor for Gemstar-TV Guide International Inc.  GMST.O, the U.S. Securities and Exchange Commission said on  Wednesday.
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The Securities and Exchange Commission said Wednesday that accounting firm KPMG LLP will pay $10 million to Gemstar-TV Guide International shareholders to settle allegations it committed improper conduct in Gemstar&#39;s audit.
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LONDON, August 18 (New Ratings)  The insolvent Italian dairy food product company, Parmalat Finanziaria SpA (PAF.FSE), filed a lawsuit against its former auditors, Deloitte &amp; Touche and Grant Thornton, today, seeking damages of at least $10 billion.
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One of the biggest US accounting firms has disclosed voluntarily a possible violation of conflict-of-interest rules. KPMG, one of the four largest US accounting firms, said
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KPMG LLP and its Belgian affiliate will pay $115 million to settle a shareholder lawsuit stemming from the collapse of Lernout &amp; Hauspie Speech Products NV, a Belgian speech recognition software company that had its US headquarters in Burlington.
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The accounting firm KPMG has agreed to settle a shareholder lawsuit claiming the company failed in its audit of a software company which later collapsed.
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The state of Ohio has filed an anti-trust lawsuit accusing Marsh & McLennan Cos , AIG  and three other insurers and their subsidiaries of price fixing and other anti-competitive behavior, Attorney General Marc Dann said on Monday.
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WASHINGTON  - Accounting firm KPMG will pay $10 million to settle charges of improper professional conduct while acting as auditor for Gemstar-TV Guide International Inc. , the U.S. Securities and Exchange Commission said on Wednesday.
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TORONTO - A Toronto-based law firm filed another class-action lawsuit Friday against drug maker Merck and Co. Inc., the makers of the arthritis drug Vioxx.
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Regulators have opened an investigation into KPMG&#39;s auditing of Fannie Mae, the mortgage finance company which faces a possible $9bn restatement after violating US accounting rules.
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The Colombian government has filed a lawsuit accusing Pernod Ricard SA, Diageo PLC and Seagram Export Sales Co. of illegally importing spirits via Colombian companies that launder drug money.
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Italian-based Parmalat is suing its former auditors -- Grant Thornton International and Deloitte Touche Tohmatsu -- for billions of dollars in damages. Parmalat blames its demise on the two companies&#39; mismanagement of its finances.