Document Could Alter KPMG Case
529490
An I.R.S. document indicates that KPMG did not have to register questionable tax shelters, undermining a major claim in the case against 18 former tax professionals.
326113
Company turns over thousands of documents to House panel.
586468
The company will provide evidence that banks had information about the risks posed by subprime mortgages.
151068
A court's order is the first time since antitrust challenges to Microsoft began that the company will be forced to alter its strategy of bundling software.
599490
The work may have been subcontracted to another firm.
59225
KPMG, one of the Big Four accounting firms, agreed to settle a shareholder lawsuit over the collapse of Belgium&#39;s Lernout &amp; Hauspie Speech Products NV, by agreeing to pay $115 million, one of the law firms representing investors said
516518
(InfoWorld) - The U.S. Department of Justice and state attorneys general are concerned that Microsoft is revising deadlines that it agreed to as part of its antitrust settlement. At issue are changes that Microsoft says it needs to make in the schedule for releasing documentation related to Vista, according to a court document filed Tuesday. "Plaintiffs are concerned that Microsoft has not been able to meet its original schedule and are particularly troubled that at this late hour in the program, Microsoft is still discovering protocols that should have been included in the original documentation," the DOJ and the states said in a joint status report. "Plaintiffs are discussing this matter with Microsoft and will report to the court further at the status conference." The plaintiffs and Microsoft attorneys are due to meet with U.S. District Court Judge Colleen Kollar-Kotelly next Tuesday for the status conference. Such conferences are held periodically so that the judge can assess whether Microsoft is complying with requirements of the 2003 antitrust order against the company. As part of the judgment, Microsoft is required to provide technical documentation for its software to help ISVs make their products interoperable with Microsoft's. On Feb. 15, Microsoft said that it needed to modify the schedule for documentation because protocols that must be documented were added to the Vista Server after the initial schedule for rewriting documentation was set or because those protocols were "inadvertently overlooked." For its part, Microsoft said in the status report filed Tuesday and made public Wednesday that it found it could "enhance" rewritten documentation of some existing protocols "by providing more detailed and comprehensive descriptions. This increased significantly the number of pages that Microsoft expected to produce in connection with the existing documentation." The number of pages of documentation Microsoft expects will be part of the rewrite project is "likely thousands of pages larger" than the company expected late last year. Under the revised schedule, Microsoft is expected to deliver documents related to Vista by April 3. It has already met three "milestones" that are part of the schedule and besides the Vista documentation has two other sets due May 11 and July 20 under the revised schedule. Microsoft said that the schedule, even since it was revised, is still aggressive. The antitrust case was tried in U.S. District Court for the District of Columbia, which continues to oversee Microsoft compliance with requirements laid out in the judgment against the company.
71870
Auditor KPMG says it isn't ready. Struggling IT services giant is also probing its bonus plan.
32762
Corrects headline and story to show that settlement has been reached; adds dropped word "million" in paragraph 2
392445
(Corrects paragraph 24 to show prior art change has been  proposed, but does not go into effect on Nov 1, as earlier  sent)
452972
KPMG KPMG.UL will pay $10 million  -- the largest payment ever by an accounting firm in a U.S.  Securities and Exchange Commission action -- to settle charges  of improper conduct while auditing Gemstar-TV Guide  International Inc. GMST.O, the SEC said on Wednesday.
214815
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.
82809
A case involving newspapers in Belgium could affect cases that publishers have brought against the search company in other countries.
238390
The company may be hinting at going public.
506962
A High Court test case is due to start which could bring a big change to High Street banking in the UK.
40900
A financial-services executive tracks down information needed for a patent infringement case.
643434
By MICHAEL J. MARTINEZ      NEW YORK  -- Ever read a company's Security and Exchange Commission filings? No? Consider yourself lucky...