Fannie Mae, KPMG Pay $153M To End Accounting Fraud Case

By Sindhu Sundar · May 7, 2013, 10:46 PM EDT

Mortgage financing giant Fannie Mae and accounting firm KPMG LLP on Tuesday agreed to pay $153 million to resolve a shareholder class action accusing them of accounting fraud and violating securities...

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Case Information

Case Title

In Re FANNIE MAE SECURITIES LITIGATION

Case Number

Court

District Of Columbia

Nature of Suit

Securities/Commodities

Date Filed

September 23, 2004

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