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KPMG Accused Of Misconduct Over Pensions Work

Law360, London (November 22, 2018, 2:13 PM GMT) -- Britain’s accounting watchdog accused auditing giant KPMG on Thursday of helping to provide misleading information to The Pensions Regulator and of working for a client when its professional judgment was compromised.

The Financial Reporting Council said in a statement that it has lodged a formal complaint against KPMG LLP and a partner, David Costley-Wood, over work they carried out for the Silentnight Group, a major bedding company, during three months in 2011. A spokeswoman for The Pensions Regulator confirmed it had referred the case to the FRC.

An independent tribunal convened to hear FRC cases will examine the allegations of misconduct against...

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Kirkland & Ellis LLP has redefined what it means to be the biggest of BigLaw — weighing in at 2,116 attorneys by year end 2018 and becoming the first firm since Law360 began tracking law firm head counts to top 2,000 U.S.-based attorneys.

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