A prosecutor insisted Monday the government never demanded or implied that KPMG cut off legal fees for employees who refused to fully cooperate with its probe into allegedly illegal tax shelters.

In a hearing before Southern District Judge Lewis Kaplan, Assistant U.S. Attorney Stanley J. Okula Jr. said the decision of the accounting giant to limit, or threaten to withhold, fees from partners or employees who were subjects in the investigation was not the result of government pressure.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]