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KPMG’s $35 Million Deal to End Miller Energy Suit Gets Final Nod

Bloomberg Law

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.

Read KPMG’s $35 Million Deal to End Miller Energy Suit Gets Final Nod.