New York (Dec. 6, 2002) -- LeCroy Corp., a manufacturer of digital oscilloscopes, ended its 14-year client-auditor relationship with Big Four firm Ernst & Young and named KPMG its new auditor for its fiscal year ending June 30, 2003.

LeCroy said the decision to drop E&Y was not the result of a disagreement between the company and the accounting firm on any matters of accounting principles or practices, financial statement disclosure, or auditing scope or procedure.

-- Electronic Accountant Newswire staff

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