Several defense attorneys representing former KPMG partners say their clients would need anywhere from $10 million to $44 million to mount a reasonable defense to what has been called the largest criminal tax fraud in U.S. history. The defendants claim their rights were violated when KPMG, in response to pressure from the government, declined to reimburse them for their legal costs. A New York federal judge agreed that the government had coerced KPMG, and is now trying to come up with a remedy.
Defense Cost Estimates Offered in KPMG Case
New York Law Journal
July 13, 2007