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KMPG to Pay $6M over Energy Audit

John Riordan, KPMGKPMG has agreed to pay more than $6 million in disgorgement, interest and civil money penalties for its role in the audit of a now bankrupt energy business. The Securities and Exchange Commission also slammed the firm for utilizing a partner with no experience with oil and gas companies given the high risk of its work with the former Miller Energy.

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