July 14, 2022
  • Class action closed, except for attorneys’ fee allocation
  • Class co-lead counsel ordered to mediation

KPMG LLP’s $35 million settlement to resolve a 2016 securities lawsuit claiming its audit failures allowed Miller Energy Resources to misrepresent the value of key Alaskan oil and gas assets won a federal court’s final approval.

Click through to read Bloomberg Law's “KPMG’s $35 Million Deal to End Miller Energy Suit Gets Final Nod.