Good news came to KPMG on two fronts this week, as a federal judge in New York dismissed a criminal conspiracy charge against the U.S. arm of the Big Four firm. Meanwhile, a court in Oslo ruled that the Norwegian group could not be held responsible for the negligence of an auditor in its employ.
A criminal conspiracy charge against KPMG LLP, which was accused by the government of conspiring to sell illegal tax shelters, was dropped after prosecutors said that the firm had met its obligations under a deferred-prosecution agreement.
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