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Apple shares tumble as stocks fall for second day in last three
The stock market endured its second broad decline in three days, as investors fretted about weak earnings in the U.S. and deepening economic stagnation in Europe. Companies ranging from Apple Inc. to Bank of America Corp. were battered as investors fled...
Tags: Bank of America Corp., Apple Inc., Stock Market, European Debt Crisis, Financial Markets
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Letters: Numbers don't tell the full story about fraud
Re "Ex-KPMG accountant is charged," Business, April 12 For the 25 years I ran the California Community Foundation, KPMG was our auditing firm. For 10 of those years, our auditor was Scott London, the former KPMG auditor accused of fraud. I knew London...Tags: KPMG, Accounting and Auditing, Scott London, Countrywide Financial Corp., Trials
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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. The criminal case filed...
Tags: Manhattan (New York City), Criminals, U.S. Securities and Exchange Commission, Prosecution, Starbucks Corp.
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In KPMG insider trading case, crime and blunders alleged
It's the kind of audacious but small-stakes insider trading that normally wouldn't have merited much attention. Golfing buddies Scott London and Bryan Shaw netted just $1.3 million, a blip in a world where Wall Street kingpins pocket hundreds of...Tags: NYSE Euronext, Inc., Media Industry, Yelp, Inc., Criminals, U.S. Securities and Exchange Commission
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Details emerge in case against ex-KPMG auditor Scott London
The KPMG insider trading scam was far more profitable than earlier known and went longer than thought. Scott London, the disgraced ex-auditor from KPMG's office in Los Angeles, has been charged in a federal complaint with one count of conspiracy to...
Tags: Earnings, Finance, Trials, Crime, Law and Justice, Economy, Business and Finance
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Federal prosecutors charge ex-KPMG auditor Scott London
The U.S. Department of Justice has charged Scott London, the former KPMG auditor who passed non-public information about Herbalife Ltd. and Skechers USA Inc. to a friend, with criminal insider trading. London, 50, is scheduled to be arraigned at 2 p.m....
Tags: Manhattan (New York City), Crime, Law and Justice, Criminals, Skechers USA Incorporated, KPMG
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Ex-KPMG partner was sting target
It was the Starbucks sting. The defining moment in the KPMG insider-trading scandal took place over coffee at a Starbucks in the San Fernando Valley, where the accountant at the center of the case was set up by his longtime friend. Scott London...Tags: Sports, Baseball, LinkedIn Corp., U.S. Securities and Exchange Commission, Starbucks Corp.
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Friend of ex-partner in KPMG insider-trading scandal identified
The friend who traded on insider trading tips provided by a former KPMG accountant is Bryan Shaw, his lawyer said late Wednesday. Shaw, an Encino jeweler, used information about Herbalife Ltd. and Skechers USA Inc. to profit in the stock market. He...
Tags: Manhattan (New York City), Crime, Law and Justice, Skechers USA Incorporated, FBI, KPMG
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Former KPMG auditor Scott London appears in court
Scott London, the auditor fired by KPMG, appeared before a federal judge Thursday to answer to accusations that he helped orchestrate an insider-trading scheme that racked up $1.3 million in ill-gotten gains. A somber expression on his face, London...
Tags: Crime, Law and Justice, Economy, Business and Finance, Accounting and Auditing, Securities, Justice System
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KPMG partner shown accepting bribe for inside information
One of the most damaging pieces of evidence in the case against former KPMG senior partner Scott London, charged with criminal insider trading, is a photograph that allegedly shows London accepting an envelope stuffed with cash from his friend, a...
Tags: Economy, Business and Finance, Skechers USA Incorporated, KPMG, Accounting and Auditing, Herbalife Limited
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KPMG auditor was photographed accepting cash bribe over coffee
It was the Starbucks sting. The defining moment in the KPMG insider-trading scandal happened over coffee at a Starbucks in the San Fernando Valley, when the auditor at the center of the case was set up by his longtime friend. Accountant Scott London...
Tags: Skechers USA Incorporated, FBI, Accounting and Auditing, Herbalife Limited, Starbucks Corp.
Apr 17, 2013
|Story| Los Angeles Times
Apr 16, 2013
|Story| Los Angeles Times
Apr 11, 2013
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Apr 11, 2013
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Apr 11, 2013
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Apr 11, 2013
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Apr 10, 2013
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Apr 10, 2013
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Apr 12, 2013
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Apr 11, 2013
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Apr 11, 2013
|Story| Los Angeles Times
Apr 10, 2013
|Story| Los Angeles Times
Original site for Insider Trading topic gallery.
