KPMG Consulting Involved in $50 Million Lawsuit | AccountingWEB

KPMG Consulting Involved in $50 Million Lawsuit

CarsDirect.com has filed a $50 million lawsuit alleging that KPMG Consulting "knowingly misled" the online auto store about customer-tracking software, the LA Times reports.

The Internet firm says that KPMG, which had advised CarsDirect.com to change its customer-tracking software to a more advanced system, caused "significant operating losses" at the firm.

KPMG plans to defend itself, the newspaper reports, and demand the online firm pays the outstanding $1.2 million balance on its bill.

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