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    May 22, 2013 |Story| Los Angeles Times

  1. Herbalife hires PricewaterhouseCoopers as its new auditor

    Seven weeks after its auditor resigned in an insider trading scandal, Herbalife Ltd. retained major accounting firm PricewaterhouseCoopers as its new auditor.
    Seven weeks after its auditor resigned in an insider trading scandal, Herbalife Ltd. retained major accounting firm PricewaterhouseCoopers as its new auditor. The Los Angeles nutritional products company said Tuesday that PricewaterhouseCoopers would...

    Tags: Fraud, Corporate Crime, Economy, Business and Finance, PricewaterhouseCoopers, Finance

    2. May 21, 2013 |Story| Reuters

  2. Herbalife hires PwC as new auditor, shares up

    Reuters
    (Reuters) - Herbalife Ltd said on Tuesday it has engaged PricewaterhouseCoopers LLP as its auditor, replacing KPMG in the wake of alleged insider trading. Shares of the nutritional products company rose 4 percent in afternoon trading, as the engagement...

    Tags: Corporate Crime, Fraud, PricewaterhouseCoopers, Stock Market, NYSE Euronext, Inc.

    3. May 21, 2013 |Story| Los Angeles Times

  3. Guilty plea in KPMG insider-trading case

    A San Fernando Valley jeweler at the center of an insider-trading scandal pleaded guilty to a conspiracy charge and agreed to turn over $1.27 million in ill-gotten stock gains made from tips from a top auditor at accounting giant KPMG.
    A San Fernando Valley jeweler at the center of an insider-trading scandal pleaded guilty to a conspiracy charge and agreed to turn over $1.27 million in ill-gotten stock gains made from tips from a top auditor at accounting giant KPMG. Bryan Shaw, 52,...

    Tags: Prosecution, U.S. Department of Justice, Court Preliminary, Accounting and Auditing, College Sports

    4. May 20, 2013 |Story| Los Angeles Times

  4. Jeweler pleads guilty in KPMG insider-trading case

    A San Fernando Valley jeweler pleaded guilty Monday to a conspiracy charge in an insider-trading case and agreed to turn over $1.27 million in stock-trading gains made from tips allegedly provided by a then partner at accounting giant KPMG.
    A San Fernando Valley jeweler pleaded guilty Monday to a conspiracy charge in an insider-trading case and agreed to turn over $1.27 million in stock-trading gains made from tips allegedly provided by a then partner at accounting giant KPMG. Bryan Shaw,...

    Tags: Prosecution, U.S. Department of Justice, Judges, Justice System, Lawyers

    5. May 16, 2013 |Story| Reuters

  5. U.S. RESEARCH ROUNDUP: Amazon.com, eBay, Cisco, Facebook, Medtronic

    Reuters
    May 16 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including Cisco and Facebook, on Thursday. HIGHLIGHTS * Amazon.com Inc : Lazard starts with buy rating; price target $310 * EBay Inc...

    Tags: Basic Energy Services Incorporated, Coach Incorporated, Boston Scientific Corporation, Real Estate Sellers, Macy's, Inc.

    6. May 15, 2013 |Story| Reuters

  6. BRIEF-Skechers USA shares up 2.8 pct after the bell

    Reuters
    NEW YORK, May 15 (Reuters) - Skechers USA Inc : * Shares up 2.8 percent after the bell following results
    7. May 7, 2013 |Story| Los Angeles Times

  7. Jeweler agrees to plead guilty in KPMG insider-trading case

    A San Fernando Valley jeweler agreed to plead guilty to a conspiracy charge and return nearly $1.3 million in stock-trading gains he made from allegedly illegal tips provided by a former partner at accounting giant KPMG. Bryan Shaw, 52, of Lake Sherwood...

    Tags: Prosecution, U.S. Department of Justice, Court Preliminary, Accounting and Auditing, Judges

    8. May 6, 2013 |Story| Los Angeles Times

  8. Jeweler agrees to plead guilty in KPMG insider-trading case

    A San Fernando Valley jeweler has agreed to plead guilty to conspiracy for allegedly making illegal stock trades based on inside information given to him by a KPMG partner.
    A San Fernando Valley jeweler has agreed to plead guilty to conspiracy for allegedly making illegal stock trades based on inside information given to him by a KPMG partner. Bryan Shaw, 52, of Lake Sherwood admitted in a plea agreement that he...

    Tags: FBI, Court Preliminary, KPMG, Judges, Justice System

    9. May 3, 2013 |Story| Chicago Tribune

  9. The day ahead in business May 3

    Reports: Unemployment rate for April, 7:30 a.m.; Factory orders for March, 9 a.m.; ISM services index for April, 9 a.m.
    Reports: Unemployment rate for April, 7:30 a.m.; Factory orders for March, 9 a.m.; ISM services index for April, 9 a.m. Local earnings: CBOE Holdings Inc., Telephone & Data Systems Inc., U.S. Cellular Corp. Other major earnings: Adidas AG, Air...

    Tags: Adidas AG, Madison Square Garden, Newell Rubbermaid Incorporated, Walgreen Co., Air France-KLM

    10. May 1, 2013 |Story| Los Angeles Times

  10. Herbalife says KPMG's resignation hindered stock buybacks

    Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years.
    Herbalife Ltd. said it had to scale back plans to repurchase its shares after KPMG resigned in early April as its auditor and withdrew its review of the company's annual financial statements for the last three years. The Los Angeles nutritional products...

    Tags: Fraud, Corporate Crime, Economy, Business and Finance, Mutual Funds, Quarterly or Semiannual Financial Statements

    11. Apr 24, 2013 |Story| Los Angeles Times

  11. Skechers gets new auditor after insider-trading allegations

    Skechers USA Inc. appointed a new auditor Wednesday to replace its former accounting firm, KPMG, which was rocked by an insider trading scandal and resigned earlier this month.
    Skechers USA Inc. appointed a new auditor Wednesday to replace its former accounting firm, KPMG, which was rocked by an insider trading scandal and resigned earlier this month. The Manhattan Beach shoe maker’s board of directors named BDO USA as...

    Tags: Economy, Business and Finance, Accounting and Auditing, Finance, KPMG, Scott London

    12. Apr 11, 2013 |Story| Los Angeles Times

  12. Ex-KPMG auditor Scott London is charged

    Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners.
    Prosecutors filed a criminal charge against disgraced former KPMG partner Scott London, saying he gave a stock-trading friend inside information about his firm's clients in exchange for cash, jewelry and expensive dinners. The criminal case filed...

    Tags: Bruce Springsteen, Prosecution, Criminals, Starbucks Corp., Securities

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Skechers USA Incorporated Photos
KPMG partner Scott I. London, left, is shown in FBI pho...
(April 11, 2013)
KPMG partner Scott I. London, left, is shown in FBI photograph allegedly accepting a $5,000 cash bribe from Bryan Shaw earlier this year. Federal prosecutors charge London with providing Shaw with inside information on two California companies, Herbalife Ltd. and Skechers USA Inc.
KPMG partner Scott London, left, is shown in an FBI pho...
(April 11, 2013)
Scott London Bryan Shaw KPMG