KPMG hit with £15m lawsuit over Quindell audit failings

Reading now: 335

KPMG has been hit with a £15m lawsuit by insurance outsourcer Watchstone — formerly known as Quindell — over allegations it suffered losses because of the audit firm’s negligence.Watchstone’s claim was filed in the Commercial Court on 18 November, according to court records.

Full particulars of claim are expected to be filed before the end of the year, according to person familiar with the claim. KPMG declined to comment.Watchstone...

The website is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.

Related News