Thursday, July 26, 2007

UPDATE 1-H&R Block says Breeden role at KPMG poses conflict

(Reuters) - NEW YORK, July 26 - H&R Block Inc. said
on Thursday it has contacted federal investigators about a
possible conflict of interest involving dissident shareholder
Richard Breeden, the former U.S. Securities and Exchange
Commission chairman who is seeking three board seats.




Breeden was appointed by the Justice Department in 2005 to
monitor KPMG LLP's compliance with a $456 million settlement of
a probe accusing it of setting up fraudulent tax shelters for
wealthy clients.


Read more at Reuters.com Bonds News

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