KPMG & PCAOB & Justice Department

I’m hearing rumors of a large penalty (hundreds of millions) in the pipeline related to the audit scandal... Just rumors??

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Audit scandal is a yes. Don’t know about the fine. I also heard pcaob disclose the deficiencies publicly, which was rare.

https://www.marketwatch.com/story/kpmg-audits-had-serious-deficiencies-about-half-the-time-regulators-say-2019-01-26

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