October 31, 2020

Convicted Ex-KPMG Partner David Middendorf Suspended By the SEC

David Middendorf

Another “KPMG 5” executive who will be serving prison time for his role in a scheme to steal confidential audit inspection lists from the PCAOB was suspended today from appearing or practicing before the Securities and Exchange Commission as an accountant.

The SEC released the following two-page order of suspension against David Middendorf, former national managing partner for audit quality and professional practice at KPMG:

Middendorf is appealing his conviction.

Ex-KPMG executive director Cynthia Holder, who was sentenced to eight months in federal prison in August, was banned from appearing or practicing before the SEC as an accountant last November.

Holder, a former PCAOB inspections leader, is serving time at a minimum security federal prison camp for women in Bryan, TX. Her current release date is June 13, 2020.

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