Vitesse files lawsuit against auditing firm KPMG alleging professional malpractice

June 13, 2007

1 Min Read

LOS ANGELES -- Vitesse Semiconductor Corporation (Pink Sheets:VTSS - News) today announced it has filed a lawsuit in the Superior Court for the County of Los Angeles against auditing firm KPMG, LLP alleging KPMG failed to properly provide auditing and other services to Vitesse during the time period 1994 to 2000. By way of the Complaint, Vitesse seeks damages in excess of $100 million resulting from KPMG's audit failures.

Vitesse Semiconductor Corp. (Nasdaq: VTSS)

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