One of the Department of Justice’s most high-profile white-collar crime cases has been dealt a blow after a New York federal judge postponed indefinitely the criminal trial of 16 former KPMG executives accused of selling illegal tax shelters.
The ruling represents a setback for prosecutors in the US attorney’s office in the southern district of New York, who have been heavily criticised by Judge Lewis Kaplan for their role in pressing KPMG, the accounting firm, to cut off legal fees to its former employees.
The ruling represents a setback for prosecutors in the US attorney’s office in the southern district of New York, who have been heavily criticised by Judge Lewis Kaplan for their role in pressing KPMG, the accounting firm, to cut off legal fees to its former employees.
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