Friday, April 6, 2018

GE urged by proxy advisors to dump KPMG as auditor after 109 years

Proxy advisory firms ISS and Glass Lewis recommend that General Electric (NYSE:GE) fire KPMG as its auditor after 109 years because of accounting issues at the company. Institutional Shareholder Services said today that shareholders should vote against keeping KPMG because of “the apparent ...

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