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SEC judge suspends TierOne's KPMG auditors

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A Lee Enterprises, Incorporated newspaper. Majority shareholder: David Hoffmann, Hoffmann Media Group.

SEC judge suspends TierOne's KPMG auditors

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Obama Home Foreclosures

Of the approximately 24,000 Nebraskans who lost their homes to foreclosure, deeds in lieu of foreclosure or short sales, about 3,000 have bought another home and another 4,000 likely will by 2023, according to a study from the National Association of Realtors.

Real estate

Less than 4% of U.S. homeowners with mortgages were behind in their payments at the end of the third quarter, according to the latest measure by CoreLogic.

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Matt Olberding

Two KPMG LLP auditors have been suspended from working on publicly traded companies because of work they did for TierOne Bank before it failed.

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Reach the writer at 402-473-2647 or molberding@journalstar.com. On Twitter @LincolnBizBuzz.

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Related to this story

Former TierOne president admits plan to mislead regulators, investors

Former TierOne Bank President James Laphen admitted in federal court Friday that he, former CEO Gil Lundstrom and other officers of the bank d…

SEC judge's suspension of TierOne's KPMG auditors

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The Federal Deposit Insurance Corp. has settled its lawsuit against former officials of the failed TierOne Bank for $6.5 million.

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Former TierOne chairman indicted for wire fraud

Gilbert Lundstrom, the man at the top of TierOne Bank for more than a decade before its collapse in 2010, now faces a 15-count indictment for …

Federal fraud trial set to start this week for ex-TierOne CEO

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Federal fraud trial for ex-TierOne CEO is delayed

A last-minute continuance has delayed Gilbert "Gil” Lundstrom’s federal fraud trial.

Lundstrom's attorney says he made mistakes, but had honest intentions

In a way, the case has the makings of a murder trial. The corporate kind, not one of flesh and blood.

Jury set to hear closing arguments in Lundstrom case Thursday

Jurors are set to hear closing arguments Thursday in the federal fraud trial of Gilbert Lundstrom, the chief executive officer at TierOne Bank…

2 KPMG auditors given stiffer penalties for TierOne work

Two auditors for an international accounting company tried to get the Securities and Exchange Commission to overturn the suspensions they got …

Close

Obama Home Foreclosures

Of the approximately 24,000 Nebraskans who lost their homes to foreclosure, deeds in lieu of foreclosure or short sales, about 3,000 have bought another home and another 4,000 likely will by 2023, according to a study from the National Association of Realtors.

Less than 4% of U.S. homeowners with mortgages were behind in their payments at the end of the third quarter, according to the latest measure by CoreLogic.

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