Big four financial services firm KPMG has reached an agreement in a £1.3 billion lawsuit brought by liquidators of collapsed construction and outsourcing giant Carillion.
The lawsuit relates to audits of Wolverhampton-based Carillion's accounts by KPMG between 2014 and 2016.
It was launched by the Official Receiver last year after the finance firm was accused of missing "red flags" during its audits of the construction giant.
