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Watchstone serves KPMG with £14m claim over Quindell audit failings

The Big Four firm was fined £4.5m for its failings in its 2013 audit of the insurance outsourcer

Legal fight over past audit failures will head to the High Court
Legal fight over past audit failures will head to the High Court Photo: Brendan Esposito/Getty Images

Insurance outsourcer Watchstone has served KPMG with a £14m legal claim over its 2013 audit of the company.

Watchstone — formerly named Quindell — filed the claim against KPMG in the High Court, according to an announcement on 30 November.

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